Financial professionals predict painful recovery
by Ben Poole
AFP survey predicts the crisis lasting three quarters or more, Gartner data reveals lack of CFO planning for second wave of COVID-19.
Risk Management
Background
Risk is the potential that a chosen action, including the choice of inaction, will lead to a loss or an undesirable outcome. Any business carries some risk, but some are much more risky than others.…
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EBA publishes credit risk and market risk updates
by Ben Poole
The updates cover guidelines on credit risk mitigation with the IRB approach and specific reporting requirements for market risk.
CFOs and treasurers facing business confidence and interest rate pressures
by Ben Poole
Releases from both Deloitte and Bloomberg highlight the impact the crisis is having on corporates.
CFOs preparing for revenue decline as unparalleled global recession underway
by Ben Poole
Fitch Ratings has slashed its global GDP forecasts, while a Gartner poll reveals the COVID-19 toll on corporates.
Treasurers in the spotlight to manage COVID-19 business risks
by Ben Poole
Data gathered by Bloomberg and Greenwich Associates highlights how treasury is being asked to be a critical line of corporate defence.
FCA requests delay to forthcoming announcement of preliminary financial accounts
by Ben Poole
The Coronavirus crisis is impacting firms' ability to give due consideration to disclosures.
World Federation of Exchanges weighs in on EU’s digital resilience consultation
by Ben Poole
The group has suggestions to enhance operational resilience and to improve practices across the financial services sector.
Calls for cross-sector cooperation to tackle authorised push payment fraud
by Ben Poole
UK Finance data shows APP fraud losses rose to £456m in 2019, partly driven by criminals abusing online platforms to scam victims.
COVID-19 to have significant economic impact on developing Asia
by Ben Poole
The Asian Development Bank has outlined how the virus will impact the region's economy.
Coronavirus – 10 tips for managing legal risk from global supply chain disruption
by Ben Poole
Sidley Austin has issued tips for dealing with supply chain disruption and making companies virus-fit for the future.
Euler Hermes launches application to identify export risks and opportunities
by Ben Poole
Trade Match analyses data to let users view the most dynamic and least risky destinations for exports.
DLT implementations leaving gaps in security?
by Ben Poole
A DTCC paper calls for a coordinated strategy to develop a principles-based framework for DLT-specific security risks.
Cyber risk tops concerns for US financial professionals
by Ben Poole
The 2020 AFP Risk Survey also found that organisations are better prepared to assess risk.
Customers willing to drop brands on perceived environmental impact
by Ben Poole
ING studies find consumer adoption of circular practices relies on convenience, availability and understanding of sustainable options.
Nordea economic outlook: Proceed with caution
by Ben Poole
While certain downside risks have receded, global geopolitics continues to cast a long shadow.
Mastercard opens global Intelligence and Cyber Centre in Vancouver
by Ben Poole
The new centre is designed to accelerate innovation in digital and cyber security, AI and IoT.
Top 10 investment themes for 2020
by Ben Poole
BNP Paribas' key investment themes for the year cover alternatives for low risk profile investors, global trends, and more.
US corporates rack up FX losses of US$11bn in three months
by Ben Poole
A Kyriba report identifies prolonged currency volatility as a factor in the Q3 2019 losses.
Mastercard and partners launch Priceless Planet Coalition
by Ben Poole
The coalition plans to plant 100 million trees in five years.
J.P. Morgan 2020 Business Leaders Outlook shows some optimism
by Ben Poole
Executives still see a bright future for business, but global complexity casts a shadow of uncertainty.
US outlook: A less than roaring start to the ‘20s
by Ben Poole
Deutsche Bank research suggests the US economy will grow by around 2% this year.
Accenture to acquire Symantec’s cyber security business
by Ben Poole
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
by Ben Poole
The attack on its online business, forcing manual operations, is a credit negative.
Have 10 years of low interest rates created a corporate debt bombshell?
by Ben Poole
While default ratios are decreasing year-on-year, a Global Credit Data report asks if there's a sting in the tail.