Financial professionals predict painful recovery
AFP survey predicts the crisis lasting three quarters or more, Gartner data reveals lack of CFO planning for second wave of COVID-19.
ERM - Enterprise Risk Management
EBA publishes credit risk and market risk updates
The updates cover guidelines on credit risk mitigation with the IRB approach and specific reporting requirements for market risk.
Thomson Reuters vital role in helping fighting COVID-19
Thomson Reuters Regulatory Index comes into its own
CTMblog: Coronavirus realities? SCA adoption; GRC; Investing today
How bad will Coronavirus really be; SCA adoption; GRC programmes; Collection letters; Investing in long term; Time for outsourcing?
Coronavirus – 10 tips for managing legal risk from global supply chain disruption
Sidley Austin has issued tips for dealing with supply chain disruption and making companies virus-fit for the future.
EBA shows banks’ progress in planning for failure, but issues remain
Report says banks should take advantage of positive market conditions to close €178bn shortfall.
Customers willing to drop brands on perceived environmental impact
ING studies find consumer adoption of circular practices relies on convenience, availability and understanding of sustainable options.
Nordea economic outlook: Proceed with caution
While certain downside risks have receded, global geopolitics continues to cast a long shadow.
Accenture to acquire Symantec’s cyber security business
The acquisition from Broadcom will support Accenture's ability to help companies anticipate, detect and respond to cyber threats.
Moody’s report assesses credit impact of cyberattack on Travelex
The attack on its online business, forcing manual operations, is a credit negative.
UK regulators assess operational resilience in financial services
A shared policy summary explores new requirements to strengthen operational resilience in the financial services sector.
Deloitte poll shows ethics frameworks lagging behind as AI use in risk management increases
Only 21.1% of those surveyed said their organisation had an ethical framework in place for AI use in risk and compliance.
Europe move on deforestation may impact on supply chains
The European Commission has signalled action to protect and restore the world’s forests, which are home to 80% of biodiversity on land
Geopolitical tensions increase Singapore’s treasury appeal
The city state’s political stability, plus transparent legal and regulatory systems, make it an attractive corporate treasury location
Corporates respond to prospect of lengthy trade war
With a prolonged, even deepening US-China trade dispute likely, companies are looking to banks for trade and financing solutions
Commonsense is not enough - you need these guiding principles
RSA’s 10+1 Guiding Principles of Business Risk
Treasury management systems ‘falling short of needs’
There’s increased recognition of technology as a risk management enabler, but many TMSs aren’t full supportive, a Citi survey finds
BoE governor: Many firms ‘unready for no-deal Brexit’
Mark Carney believes three in four UK businesses have done as much as they can, but 150,000 firms would be unable to export
US healthcare sector’s CFOs focus on IT system integration
A survey by industry researcher Black Book identifies it as their main IT challenge, reflecting a lack of investment in recent years.
Bank of America warns trade wars to dent US corporate profits
The bank’s top stock strategist warns clients that the S&P 500 has yet to reflect the impact the US-China trade dispute may have on ear
Walmart signs up for blockchain to track pharmaceuticals
MediLedger’s aim is to establish an “open and decentralised network for the pharmaceutical supply chain.”
Boom in captive insurers writing third-party risks
The digital era is driving double-digit growth as technology makes it easier for companies to offer insurance to customers and supplier
Cashforce develops AI-powered cash forecasting module
The group says it is already working on an enhanced version driven by artificial intelligence that can review more complex patterns.
Global commercial insurance prices up 3% in Q1 2019
The rise marks the sixth consecutive quarter of price increases