Strategy to build resilience in UK financial sector
by Kylene Casanova
UK financial authorities announce a strategy for improving the operational resilience of firms and financial market infrastructures
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.…
Read moreFX risk is priority for 70% of CFOs and treasurers
by Bija Knowles
FX risk is the most significant area of concern for CFOs and treasurers according to surveys conducted by HSBC and FT Remark
CFO optimism strong despite trade policy/geopolitical risks
by Bija Knowles
CFOs are optimistic about their strategic roles within their organisations and remain bullish on their companies' prospects
FX e-trading set for new phase of innovation
by Bija Knowles
FX e-trading might be entering a new innovative phase, with intensified competition among e-trading venues
Six actions for finance sector to prepare for no-deal Brexit
by Bija Knowles
Financial institutions can't assume operations will continue as at present and must prepare now for a no-deal Brexit, says the EBA
Public consultation launched on euro risk-free rates
by Bija Knowles
ECB working group announces public consultation on three potential alternatives to Eonia
Prepare now for end of Eonia and Euribor
by Bija Knowles
A report from Oliver Wyman says start preparing now for the transition away from Eonia and Euribor or face increased costs and risks
Investors bullish on Europe despite geopolitical concerns
by Bija Knowles
Foreign direct investment in Europe was at a record level last year, although growing geopolitical concerns are taking their toll
Financial reporting doesn’t represent value of digital companies
by Bija Knowles
A recent article in the Harvard Business Review (HBR) asked how digital companies can improve their financial reports to better represent the value of their businesses
Treasurers flirt with fintech but place trust in banks
by Bija Knowles
Treasurers and CFOs are increasingly attracted to digital channels and services provided by fintechs – but in a risky economic environment, partner banks still represent reliability and stability
New CTMdirectory - makes browsing for products and services a delight
by Jack Large
Annual subscription gives corporate treasury suppliers and advisers access to 1000s of viewers world-wide for only a few £100s/year
Treasury is prime target for cyber-criminals
by Bija Knowles
While most corporate treasurers say their companies are implementing basic security measures, serious gaps in corporate cyber defence remain, according to a report by the EIU
BIS sets out 7 steps for ensuring payments security
by Bija Knowles
The Committee on Payments and Market Infrastructures has set out seven elements that form part of its strategy to reduce the risk of wholesale payments fraud
Wish-list for an integrated risk ecosystem
by Bija Knowles
Risk and compliance executives expect real benefits from digital technology but many firms face challenges in moving towards the future, according to a report by Celent and Thomson Reuters
UK business confidence since Brexit vote is mixed picture
by Bija Knowles
Recent reports give a mixed picture of economic and business sentiment in Britain
Citi, JPMorgan top global FX dealer tables – Greenwich Associates
by Bija Knowles
Investment in people and platforms is what differentiates the leading FX banks from their competitors, according to global analysis and rankings from Greenwich Associates
Top 10 cybersecurity vulnerabilities and exploits threatening corporate systems
by Bija Knowles
What digital threats do companies face today? Ignoring new software security patches, unsupported systems and a lack of strong permission and user access controls are all part of the problem
The 4 risks facing EU financial markets
by Bija Knowles
The latest report on risks and vulnerabilities facing EU financial markets shows there are multiple risks, including cyberattacks, uncertainties around Brexit and financial market systemic risk
CFOs take lead in implementing blockchain fintech
by Bija Knowles
Most financial organisations are already adopting blockchain technology or are considering how to do so. And the CFO is often the primary decision-maker for new blockchain-based fintech
5 ways to adapt your risk management strategy to innovation
by Bija Knowles
A study of risk executives found that those who successfully adapt to innovative technologies do five things differently to the 'non adapters', including early adoption and harnessing new skills
Payments fraud at record high, treasurers on alert – AFP survey
by Bija Knowles
Payments fraud touched a new high last year, with almost 80 per cent of all companies reporting at least one case of payments fraud in 2017, according to the 2018 AFP Payments Fraud Survey
How will US-China trade wars affect RMB?
by Bija Knowles
The renminbi has dropped to #7 in the ranking of international payment currencies, according to a measure of the currency's use on the SWIFT network
EIB must take these 10 actions towards fair taxation
by Bija Knowles
The European Investment Bank must clean up its act on fiscal matters and develop a more responsible taxation policy, says a report released today by Counter Balance
80% of FTSE 100 companies don’t disclose cyber risk testing
by Bija Knowles
FTSE 100 firms are upgrading their approach to cyber risks by appointing IT security experts to executive boards but only a fifth are reporting on how they test for cyber risks internally