risk-management
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Top StoriesAnalysis-Police, Guns and Schools Protected From Lawsuits Over Texas Shooting
Russia Says U.S. ‘adding Fuel to the Fire’ by Sending Rockets to Ukraine
Date: June 1, 2022
LONDON (Reuters) – Russia on Wednesday sharply criticised a U.S. decision to supply advanced rocket systems and munitions to Ukraine, warning of an increased risk of direct confrontation with Washington. Kremlin spokesperson Dmitry Peskov told reporters: “We believe that the United States is purposefully and diligently adding fuel to the fire.” When asked how Russia...
Better Derivatives Data Needed After Lme Nickel Halt, Says EU Watchdog
Date: June 1, 2022
By Huw Jones LONDON (Reuters) – The suspension of nickel trading in London and Stockholm’s flash crash in shares show the need to improve data on derivatives and review temporary halts to trading, the European Union’s markets watchdog said on Wednesday. Verena Ross, chair of the European Securities and Markets Authority (ESMA), said the halt...
Bank Reputations on the Hook for Social Issues
Date: May 27, 2022
By Nir Kossovsky, CEO, and Denise M. Williamee, VP of Corporate Services, Steel City Re Social and political winds are swirling, and it seems like banks are going to be on the hot seat no matter what they do. Their reputations depend on them getting it right while “right” is a moving target. Activists pushing...
Factbox-How Canada, Australia, UK Changed Laws After Mass Shootings
Date: May 26, 2022
(Reuters) – A shooting at a Texas elementary school that killed 19 children and two teachers has revived a push for new gun safety laws in the United States, which has more firearms than people and more permissive gun laws than many other high-income countries. Over 200 mass shootings have been reported in the United...
Analysis-Russia Prepares to Seize Western Firms Looking to Leave
Date: May 26, 2022
By John O’Donnell (Reuters) – Russia is advancing a new law allowing it to take control of the local businesses of western companies that decide to leave in the wake of Moscow’s invasion of Ukraine, raising the stakes for multinationals trying to exit. The law, which could be in place within weeks, will give Russia...
How Artificial Intelligence Helps Financial Firms Avoid ESG Pitfalls
Date: May 25, 2022
By Rebecca Sparrow, Head of Sustainable Finance at Delta Capita Financial services firms are looking to move away from generic environmental, social and governance (ESG) goals and mission statements toward clear strategic plans that embed into their governance and risk management frameworks. But they are hampered by inconsistent data, poor data coverage and rigid ESG...