News

While the Financial Reporting Council’s (FRC) revised UK Corporate Governance Code is not as wide-ranging as originally expected, it has significantly increased boards’ responsibility for risk management oversight. In addition, the code now requires… More

The volume of cargo containers passing through the Red Sea plummeted in December 2023, following attacks on vessels by the Houthi. The Kiel Institute said that traffic currently stands at almost 70 per cent… More

Cyber threat is the top ranking business risk followed by business interruption, according to the annual Allianz risk barometer. Physical risks also feature prominently, including natural catastrophes, fire and explosion, and climate change. … More

Misinformation and disinformation ranked as the biggest threat for the coming two years, according to the World Economic Forum’s annual survey. As around half of the world’s population go to the electoral polls… More

Seven out of ten councils said they would struggle to balance their budgets following the government’s Autumn Statement, a survey found. Leaders of those bodies said that they would have to raise council… More

The UK government said that the country could be brought to a standstill by a catastrophic ransomware attack, according to a report by the National Cyber Security Centre (NCSC). While fraud risk… More

The Bank of England (BoE) faces a major overhaul of its internal culture, governance and appointments practices following a critical report by the House of Lords. A key criticism of the bank –… More

While cloud adoption by organisations accelerated during the pandemic, many financial organisations have chosen not to move back-office functions onto such external servers, according to a survey by Capgemini. The percentage of survey… More

Doing business has become more difficult and uncertain since 2021 and shortages of talent in key areas are hampering risk management efforts, according to a recent survey by Aon. While the risk rankings… More