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 moreby Bija Knowles
From human rights, environmental pollution and social well-being, commercial activities have far-reaching consequences, which must be measured – but who will set the standards?
by Bija Knowles
Just one in five financial service firms have a working definition of conduct risk and a third have declined a potentially profitable business opportunity due to culture and/or conduct risk concerns
by Bija Knowles
Here are four ways that the voluntary FX global code of conduct could have an impact on how banks interact with corporate treasury departments
by Bija Knowles
One of the most widely applied enterprise risk management frameworks – the COSO ERM framework – has been updated to keep in step with rapidly evolving global business risks
by Bija Knowles
One of the problems Dodd-Frank set out to tackle was banks that were 'too big to fail' – yet in the years since the fall of Lehman Brothers, many banks have become even bigger. New research asks why
by Bija Knowles
Managing risk is the key mandate for most treasury departments and managing FX volatility is the main challenge, accord to Deloitte's Global Corporate Treasury Survey 2017
by Bija Knowles
What are the factors shaping the new globalised financial landscape, from China's increasing connectedness to Eurozone banks retreating from cross-border capital lending?
by Bija Knowles
Global supply chains suffer three terrorist-related attacks per week, with huge costs for commercial enterprises. 'Corporations must take notice and prepare accordingly' says BSI
by Bija Knowles
Never mind the black swans, there are visible, known risks in the global economy that have experts concerned of potential future damage to the financial system
by Bija Knowles
Cyberattack is one of the top five risks for businesses operating in Asia Pacific, due to rapidly growing connectivity and low cybersecurity awareness
by Jack Large
First identify them using “Five Effective Methods To Identify Risks In Your Organization” ONLY THEN can you measure and manage them
by Kylene Casanova
Fewer than two per cent of global payments are done in renminbi but the currency still has strong support. SWIFT identified five factors contributing to the Chinese currency's success
by Kylene Casanova
From September, SWIFT will open up membership of its KYC Registry, used by nearly 4,000 correspondent banks and funds players, to all supervised financial institutions
by Kylene Casanova
Cybersecurity is the top operational challenge for c-suite executives, while a positive technological disruption in their sector is also seen as one of the top external opportunities
by Kylene Casanova
We're no closer to understanding what Brexit will actually mean for consumers and businesses but analysis suggests as many as 75,000 UK jobs could be at risk and price increases are on the horizon
by Kylene Casanova
In a letter to G20 leaders meeting in Hamberg this week, Chair of the Financial Stability Board Mark Carney has outlined the areas where more needs to be done to improve financial stability
by Kylene Casanova
The Basel Committee on Banking Supervision (BCBS) yesterday published a report updating the progress made on implementing Basel III regulatory reforms
by Kylene Casanova
Executives are optimistic about the state of the world economy and are increasingly buoyant about trade levels and economic conditions in their home countries, according to a survey by McKinsey
by Kylene Casanova
Reval’s white paper on ‘Lessons from early adopters’ and key advantages of IFRS 9 is essential reading as the deadline approaches
by Kylene Casanova
Conflicting headlines tell us the financial system is safer than ever, while others say the next crisis is around the corner. Should corporate treasurers take these warnings seriously?
by Kylene Casanova
It's just over a year since the UK voted in a referendum to leave the European Union and, since then, businesses have been trying to understand what this means for trade and business in Britain
by Kylene Casanova
A survey of annual reports published by 800 companies found that most are not providing enough data on their cybersecurity strategies and few consider it a boardroom issue
by Kylene Casanova
Global investors view the Brexit negotiations between the UK and the EU with pessimism, with the majority of investors saying this will have a negative impact on business and assets
by Kylene Casanova
So you think you're unbiased? This in itself is a form of bias, often called 'overconfidence', which we should be careful to avoid when making crucial as well as every-day financial decisions
