Risk Management
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UK adds to cyber risk management tool box
The UK’s national cybersecurity agency has become the latest organisation to develop cyber risk management guidelines, while a British standard…
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Global economy buoyant in 2018 but risks remain: Coface
Global economic growth is forecast to continue apace in 2018 after political risk failed to cause the damage predicted in…
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Risk managers in oil and gas sector face new threats, warns the IRM
Risk managers in the oil and gas sector face new risks as the industry meets pressure to limit costs as…
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Africa needs global support to reduce terror risk
The international community should mobilise resources in support of African countries as they strive to balance security and development, according…
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Kroll reports fraud, cyber and security threats at all-time high
Fraud, cyber and security incidents reached an all-time high in 2017, according to a new report from Kroll that also…
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Dutch government gives notice on earthquake-risk Groningen gas plant
The Dutch government has written to 200 of the largest companies in the Netherlands to warn them that they have…
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US captive domiciles report growth in 2017
More US domiciles have reported strong growth in 2017, following the cases of Vermont and Arizona. Hawaii’s Department of Commerce…
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Barbados removed from EU’s list of non-cooperative jurisdictions for tax purposes
The Council of the European Union has removed eight jurisdictions from the EU's list of non-cooperative jurisdictions for tax purposes.…
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South Africa’s CEOs have more concerns than global counterparts
Worldwide, the majority of CEOs are optimistic about the economic environment despite geopolitical uncertainty, corporate misconduct and the impact of…
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EC fines Qualcomm €1bn for illegal payments to Apple
The European Commission (EC) has fined US tech firm Qualcomm almost €1bn for breach of antitrust rules. Issuing the €997m…
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Credit insurers predict £31m loss from Carillion collapse with uptick in UK insolvencies expected
Trade credit insurers are bracing for claims following the collapse of UK construction group Carillion last week, with the Association…
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Singapore proposes stronger corporate governance rules
The Corporate Governance Council of Singapore has released a consultation paper on its recommendations to revise the country’s Code of…
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Malaysian organ donor data breach stresses need for cyber investment
The personal details of some 220,000 Malaysian organ donors and their next of kin have been leaked online since September…
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Cloud failure would cost US economy $15bn, warn AIR and Lloyd’s
US businesses stand to lose $15bn if a major cloud service provider fails, with insurance covering $3bn, according to new…
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UK government launches consumer product safety body
The UK government has created a new national product safety office to identify consumer risks and better manage responses to…
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Corruption remains major African risk
Corruption is a scourge that has to be beaten if Africa is to achieve its 2030 agenda for sustainable development,…
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Risk management to the fore at Senegalese banks
Senegalese banks are stepping up the the challenges of complying with Basel 2 and 3, and improving their risk management…
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Two thirds of hurricane-hit companies ‘not prepared’ for 2017 storms, finds survey
Two thirds of large companies in hurricane-prone US states and Puerto Rico admit they were not prepared for the storms…
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Asean plans to improve nat cat response following Typhoon Tembin
The Association of Southeast Nations (Asean) is to accelerate its plan to develop systems to help its member states respond…
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BI, cyber and nat cats top 2018 Allianz Risk Barometer
Business interruption (BI), cyber and natural catastrophes are the leading business risks this year, according to more than 1,900 risk…