RM News
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UK bars four EU financial services firms under post-Brexit regime
Four European financial services firms have been barred from conducting business in the UK, after its regulator said they failed…
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Global tensions can be eased through climate risk management, finds new report
Lloyd’s has published a new report that it says will help risk managers and insurers navigate the significant overlap between…
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Board directors rate regulatory probes as greatest personal risk
An overwhelming majority of board directors (84%) said a regulatory investigation is the biggest personal liability they face, according to…
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Credit Suisse chairman resigns after Covid-19 quarantine breaches
Credit Suisse has appointed a new chairman after António Horta-Osório resigned the post because he reportedly breached Covid-19 travel quarantine…
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Cyber biggest risk in Allianz Barometer as pandemic fears recede
Cyber is the biggest business risk this year, knocking business interruption (BI) off the top spot into second place, with…
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Study finds corporate progress on UN’s Sustainable Development Goals but room for improvement
New research has revealed that four in five companies studied now include a commitment within their sustainability reports to the…
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Facebook faces £2.3bn anti-competition class action in UK
A new class action lawsuit is seeking £2.3bn in damages from Facebook and its parent company Meta on behalf of…
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Kroll names new MD to boost AML services
Governance, risk and transparency expert Kroll has appointed David Lewis, former executive secretary of the Financial Action Task Force (FATF),…
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UK insolvencies to spike as Brexit exacerbates impact of Covid-19, warns Atradius
Atradius is predicting UK insolvencies will be 33% above pre-pandemic levels this year, as Brexit exacerbates the impact of Covid-19.…
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EU and US risk managers must brace for escalating Russian cyber threat
EU governments have this week commenced a major cyberattack simulation that could affect multiple member states, according to reporting service…
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German business federation calls for state action in face of fast-rising risks
Germany’s Federal Association of Wholesale, Foreign Trade, Services (BGA) has warned that while recent trade figures show a positive trend in…
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Ferma pushes for further progress on captives in Solvency II review
Ferma has welcomed proposed changes to Solvency II that would strengthen the concept of proportionality, and in particular the creation…
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Europe’s pharma firms demand stronger IP protection
The European Federation of Pharmaceutical Industries and Associations (EFPIA) has called upon the EU to significantly strengthen provisions in free-trade…
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Omicron could lead to ‘mother of all supply chain stumbles’: HSBC
Europe’s risk managers should expect factory closures in Asia to add to existing transportation and labour problems, and intensify the…
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Belgian risk managers focus on need for rapid response to data breaches
Belgian risk management association Belrim will focus on the need for rapid and correct action when faced with a data…
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Europe’s risk managers face continued supply chain headaches
UK-based global forecasting and quantitative analysis firm Oxford Economics has predicted that risk managers across Europe will be focused on logistics…
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WEF warns of cyber risk ‘blindspot’
Companies may be overlooking cyber risks as the pandemic and climate change dominate the risk agenda, according to the World…
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Corporates warned of likely rise in biodiversity litigation
Biodiversity litigation is expected to rise to become the “next frontier” of environmental claims, according to law firm Clyde &…
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Airbus investors file €300m class action in Dutch court
A class action lawsuit against Airbus has accused the French airline of misconduct and is seeking €300m in damages. The…
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France fines Google and Facebook €210m for violating privacy rules
French data regulator CNIL has fined Google €150m and Facebook €60m for breaching EU privacy rules. The fines are for…
