risk-management
Top StoriesUK’s EasyJet Says It Is Operating Flights as Normal to Rhodes
FinanceHow to Hedge Business Finances Against Financial Risks
Top StoriesIntensifying Heat Waves Prompt Health Warnings for Europe, US
Top StoriesRussian Scientists Warn of Powerful Solar Flare Activity on Monday
Big Companies Toughen Banking Partner Screening After Crisis – Survey
Date: July 13, 2023
Big companies toughen banking partner screening after crisis – survey By Laura Matthews NEW YORK (Reuters) – Large companies are spreading out their counterparty risk and increasing screening of their banking partners in response to the recent banking crisis that has been a “wake-up call”, according to an industry survey to be released on Thursday....
Preparing for Turbulence: Building Business Resilience for 2023 and Beyond
Date: July 11, 2023
Preparing for turbulence: building business resilience for 2023 and beyond By Edgar Randall, Managing Director – Dun & Bradstreet UK&I No matter where you are in the world right now, economies are struggling. Geopolitical tensions, rising inflation and interest rates, and many other external factors, continue to impact businesses across the globe. The UK, for...
Framl Integration Could Help Cut Compliance Costs and Modernise Risk Management
Date: July 7, 2023
FRAML Integration Could Help Cut Compliance Costs and Modernise Risk Management The growing convergence of Fraud and Anti-Money Laundering (FRAML) operations within the UK financial services sector has the potential to save firms tens of millions of pounds of compliance costs each year. It could also create a runway for them to evolve their compliance...
The Banking Industry Can Be an Unlikely Saviour in the Rush to Regulate AI
Date: July 6, 2023
The banking industry can be an unlikely saviour in the rush to regulate AI By Alexandra Mousavizadeh, CEO and co-founder of Evident The rush to deploy Generative AI tools like ChatGPT has created a backlash and led to calls for a pause on deployment while we work out how to regulate these powerful systems. The...
UK Regulator Orders Investment Funds to Manage Liquidity Better
Date: July 6, 2023
UK regulator orders investment funds to manage liquidity better By Huw Jones LONDON (Reuters) – Some asset managers face sanctions for failing to manage liquidity properly, posing risks to market stability and investors’ ability to withdraw money, Britain’s Financial Conduct Authority (FCA) said on Thursday. The suspension of property funds in Britain and difficulties faced...
Ev Batteries Remain Major Challenge for Insurers – UK’s Thatcham
Date: July 5, 2023
EV batteries remain major challenge for insurers – UK’s Thatcham By Nick Carey LONDON (Reuters) -A lack of data on electric vehicle (EV) batteries continues to challenge insurers who are forced to scrap EVs after mild accidents, potentially undermining EV adoption, Thatcham Research said on Wednesday. The British automotive risk intelligence company cited a “concerning...