All financial services articles
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Zero-Covid policy is undercutting Hong Kong’s appeal
Delay to reopening its borders will “weigh on [the SAR’s] attractiveness as a global financial hub” - Oxford Economics
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Hong Kong in bid to strengthen international risk management role
The region’s chief executive Carrie Lam outlined plans to strengthen the SAR’s position as a centre for risk and insurance
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Insolvencies, ESG and cyber are key risks for D&Os in 2022
Risk managers and their D&O insurers should also closely monitor potential exposures to US derivative actions, warns AGCS
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COP26: Risk management “central” to climate mitigation
Insurance industry has a “unique contribution” in advancing understanding and sharing of climate-related risks - report
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Experian highlights cautious credit risk approach
Risk Radar report examines the key priorities and concerns of Australia’s most senior risk leaders across the lending market
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US banks vulnerable to systemic cyber attack
Tail events from a systemic cyber risk event caused by a ‘single point of failure’ could be “material”, warns Fitch
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Cyber tops financial services risk register
Cyber attacks, pandemics and over regulation are among the biggest fears for CEOs at banks and insurers - PwC
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BoE launches climate stress test for banks, insurers
It will provide central banks and supervisors globally with a common starting point for analysing climate risks under different scenarios
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Ransomware cartels "expand the playbook" - CyberCube
Criminals will continue to target high-profile organisations, having researched their ability to pay a ransom prior to the attack
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COVID diverting attention from slavery risks
Businesses in financial services and technology could be dangerously unaware of the rising risks of modern slavery in their supply chain
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Cyber tops risk concerns for financial firms
Analysis of $1 billion of insurance industry claims show cyber incidents, including crime, is the top cause of loss - AGCS
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Financial sector grossly underreporting climate exposure
Just a quarter are reporting portfolio emissions, which are on average 700 times higher than direct emissions
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Digital disruption tops banks’ emerging risks
Untimely adoption may drive sudden changes to information security, change management, business continuity and third-party risk exposures
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Financial firms face a risk reckoning
As the sector faces further regulatory intervention, what will it take to bring about real change?
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Conduct risk rises for financial firms
The pandemic is driving concern over mis-selling and improper business practices in the financial services sector - ORX
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From the skies to the city
Sara Byrne, regional head of operational risk, Property, Standard Chartered, has navigated an unusual route into the risk management profession
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COVID-19: The global risk response - IRM
”Why don’t our risk management frameworks [enable] immediate actions rather than leaving the actions for the decision makers?” - Sonjai Kumar