Regulation
Why boards must exercise their ‘judgement muscle’
Boards risk being hamstrung by regulation, opting to comply rather than explain, even where there are unintended consequences
FERMA Talks: Channelling strategic foresight
Horizon scanning is an essential tool for policymakers, explained European Commission vice president Maroš Šefčovič
Insurer M&A dips in 1H 2021 - Clyde & Co
The sharp drop in M&A activity in Asia Pacific can be attributed in part to the high regulatory bar in some jurisdictions
Navigating the ongoing trade war
China: politics are important but it’s the regulations that matter for multinationals
Aon and WTW call of mega merger
Brokers terminate $30 billion merger agreement following “an impasse” with the US Department of Justice
Cyber tops financial services risk register
Cyber attacks, pandemics and over regulation are among the biggest fears for CEOs at banks and insurers - PwC
COVID-19 forced firms to ‘cut corners’
Under mounting pressure to increase revenue and profits, 65% of organisations admitted taking due diligence shortcuts
Half of businesses ‘feel more resilient’ than a year ago
Sector attitudes to risk vary, finds Beazley, with those hardest hit by lockdown restrictions feeling less resilient
Indonesia Asia’s most complex country for business
Hong Kong is the second most simple jurisdiction in which to conduct business, finds TMF Group
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
Managing money laundering risk in a COVID world
How money launderers are exploiting know your customer (KYC) checks and using the pandemic as a ruse to move money
Firms failing to anticipate emerging risks
Effective risk resilience is increasingly correlated to a firm’s viability and growth potential, finds Marsh
The spy who managed success
Is it time to abandon risk management and seek to manage performance instead? Let’s consider Bond’s latest mission
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
Physical climate risk to test limits of diversification - Fitch
Companies with strong internal coordination and contingency planning will be better placed to respond to climate shocks
WTW launches climate transition risk framework
New tool will assess companies’ transition plans to a low-carbon economy and ensure firms can continue to access insurance
COVID-19 continues to test supply chains
Pandemic is exacerbating trends such as cargo crime, man-made disruptions, and political protests, which all threaten supply chain resilience in 2021
Financial sector grossly underreporting climate exposure
Just a quarter are reporting portfolio emissions, which are on average 700 times higher than direct emissions
The road to future-proofing your supply chain
As companies look to pivot from the pandemic, their focus of attention is turning towards building sustainability in supply chains
Asian corporates gain climate risk tool
Swiss Re CorSo risk framework helps firms assess physical climate exposure; Many climate ‘hotspots’ are located in Asia Pacific
COVID-19 a “foretaste” of climate shocks
Effective governance is at the heart of addressing climate risk and transitioning to a low carbon economy
Financial firms face a risk reckoning
As the sector faces further regulatory intervention, what will it take to bring about real change?
Climate change analytics tool launched
Data suite from JBA will help global financial services firms plan for their future and understand possible flood risk under different climate scenarios
New Zealand introduces climate risk disclosure regime
New rules will require firms to disclose how climate change will affect their business on a ‘comply or explain’ basis
Due diligence the key for third-party risks
Research from Refinitiv reveals 43% of third-party relationships are not subject to any form of due diligence checks
Health & safety post COVID
Health and safety regulations are under the microscope more than ever before, but significant global differences in approach remain
Corruption to increase post-COVID
Disruption to traditional working patterns and an increase in remote working is the top risk to the ethical conduct - EY
Special report: Supply chains
Supply chains may be complex and suppliers remote, but you must know their ESG strategies well.
Singapore government says raise cyber security now
Cyber Security Agency (CSA) to advise owners of critical information infrastructure (CII) on what they can do to further beef up their defence.