risk-management
Top StoriesUkraine to Confront Russia at Int’l Court of Justice on Monday
Top StoriesNo Damage to Reactors at Ukraine’s Zaporizhzhia Nuclear Plant -Iaea Chief
Top StoriesExclusive-China Asks State Insurers to Review Exposure to Russia, Ukraine-Sources
FinanceWhat Does the Future Hold for Anti-Money Laundering Practices?
SocGen Fears Confiscation of Russia Assets as Banks Prepare for Worst
Date: March 3, 2022
By Tassilo Hummel and Tom Sims PARIS/FRANKFURT (Reuters) – Societe Generale on Thursday warned of the possibility that Russia could strip the bank of its local operations, in one of the starkest warnings yet from a Western company about the potential impact of the war in Ukraine. The French bank, whose $20 billion exposure to...
Bank of England Studies Insurer Exposure to Russian Sanctions, Eyes Cyber Defences
Date: March 2, 2022
By Huw Jones and Carolyn Cohn LONDON (Reuters) – The Bank of England said on Wednesday it was examining exposures of Britain’s insurers to fallout from financial sanctions on Russia and also issued a reminder of the need to have proper defences against cyber attacks. Britain, the European Union, United States and other countries have...
The Top Three Threats to post-Covid Fsi Security
Date: March 1, 2022
By Sarah Armstrong-Smith, Chief Security Advisor, Microsoft UK How tech can guard against the most modern forms of cybercrime Throughout the global pandemic, FSI organisations have been under increased pressure to continue to deliver an array of services – they have had to adjust to remote and hybrid working, as well as supporting consumers with...
The UK’s Late Payment Crisis – How SMEs Can Survive the Coming Year
Date: February 28, 2022
By Tim Vine, Head of International Finance & Risk Solutions at Dun & Bradstreet Late payments have haunted the small business sector for years. With strict deadlines on outgoing payments, from wages to supplier bills, small businesses often face long waits to be paid themselves – throwing the viability of their business into question. Action...
How Voluntary Standards Can De-Risk the Booming Alternative Lending Market
Date: February 25, 2022
By Emma Lovell, CEO of the Lending Standards Board The pandemic has cemented mass transition from traditional to alternative finance in the UK. A pandemic-driven cash flow crisis among businesses, and the rise of fintech and challenger banks, is spurring the rise of alternative lending models – with the market now worth £6.26 billion. Alternative lending...
Financial Services Should Be Preparing for an Explosion in Ransomware
Date: February 25, 2022
By Ian Jennings, CEO – Technical & Operations at BlueFort Security 2022 is shaping up to be a tough year for chief information security officers (CISOs) at UK financial services firms. User and device sprawl brought on by changing working practises during the pandemic is still very much an issue for security teams, made more...