risk-management
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Top StoriesUK Issues First Extreme Heat Warning as Record Temperatures Loom
TechnologyHow to Bolster Operational Resilience for Financial Services in Three Steps
10 Questions CFOs Must Ask Themselves About Privacy
Date: July 14, 2022
Busy CFOs might see privacy as an unwanted burden on their schedules. But failing to invest in privacy is a false economy when it leads to fines and reputational damage. By NIGEL JONES, Co Founder of The Privacy Compliance Hub As the Chief Financial Officer (CFO) of a growing business, we know you often find...
Financial Institutions Must Start Thinking Differently About Cybersecurity, Risk, and Resilience
Date: July 14, 2022
By Andy Norton, European Cyber Risk Officer at Armis According to 79% of those taking part in the most recent Bank of England systemic risk survey, cyber-attack was the most cited risk to the UK’s financial system. A survey, it should be noted, that was carried out prior to the Russian invasion of Ukraine and...
Explainer-Can Elon Musk Defy a Court if Ordered to Buy Twitter?
Date: July 13, 2022
By Tom Hals WILMINGTON, Del. (Reuters) – Twitter Inc has sued Elon Musk to force him to go through with the $44 billion acquisition of the social media company. What happens if Twitter succeeds and the world’s richest man, who regularly taunts securities regulators, refuses to comply with the court order? CAN A COURT ORDER...
Post-Trade Challenges: Eliminating Settlement Risk in Financial Markets
Date: July 13, 2022
By Dave Sissens, CEO of RTGS.global With globalisation increasing across all sectors, digital transformation has become a priority for many businesses. When it comes to technology in Financial Services however, wholesale financial institutions have been slower to adapt than consumer-facing financial institutions. In the financial market, this is a cause for concern as macroeconomic events...
Portugal and Spain Swelter in Heatwave, Wildfire Risk Grows
Date: July 12, 2022
By Catarina Demony and Miguel Pereira LISBON (Reuters) -Soaring temperatures in Portugal forced authorities to place more than half the country on red alert on Tuesday and deploy hundreds of firefighters to combat blazes erupting in the central region in a heatwave that also swept across Spain. With temperatures above 40 degrees Celsius (104 Fahrenheit)...
Tackling Operational Risk: A Crucial Step in an Effective Risk Management Process
Date: July 8, 2022
By Karl Viertel Until recently, many financial services institutions may have viewed operational risk as a “side project” compared to market and credit risks these organizations manage on a daily basis. The rise of new types of operational risk, the increased reliance on a more complex supply chain of vendors and the velocity of threats...