General News
Firm hit with $25 million fine after risk management failings – report
A US bank has been fined for failing to “ensure effective risk management and internal controls, including inadequate periodic reviews” on one...
RIMS reveals rise in total cost of risk
The total cost of risk (TCOR) increased 2% in 2018 due to rising insurance rates, according to the Risk & Insurance Management...
Revealed: What’s vital in risk management achieving digital transformation
Banks must undergo a revolution in risk management professionals balancing their roles and operating models, a new report jointly published by EY and...
Commonwealth Bank ex-CRO among executives hit with $100 million pay cut
Executives at Commonwealth Bank of Australia have taken a collective AU$100 million pay cut following a series of financial scandals that have led...
SFC launches new risk indicator platform
The Securities and Futures Commission (SFC), an independent statutory body charged with regulating the securities and futures markets, has launched a new...
Keeping safe in international conflict zones
The Russian invasion of Ukraine is one of the largest risk scenarios on people’s minds today, with digital technology allowing the rest of...
COVID-19, the climate crisis, and public polarization
Polarization on many issues has grown globally in the recent years. Even public health measures, such as masks and vaccines, have become...
How businesses can build resilience to climate change
by Nick Howard (pictured above), principle consultant, and Bram Miller (pictured below), technical director, at engineering and environmental consultancy Ramboll A recent...
Global risk predictions – part two
The following is the second part of our three-part global risk predictions series shining the spotlight on emerging markets. In part one...
Risk manager takes on flood and crop cover gaps
With Asian markets emerging as global economic powers, the risks these markets face grow even larger, especially those related to natural catastrophes....