RM News
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UK plans to overhaul corporate governance supervision with new regulator
The draft Audit Reform and Corporate Governance Bill unveiled by the UK government yesterday proposes a “revamped regulator”, replacing the…
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Europe’s timetable now clear for AI Act
Europe’s new rules on the development and use of artificial intelligence systems in the bloc will come into force on…
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UK unveils cybersecurity reforms that would mandate ransomware reporting
New measures to boost cybersecurity across the UK’s critical infrastructure, which will force companies to disclose ransomware attacks, featured among…
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Martyn’s Law set to progress under new UK government
The UK’s new government has confirmed it will complete legislation started by the previous Parliament requiring owners of public premises…
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IMB warns against complacency amid decline in piracy incidents
Shipowners and maritime companies have been urged to maintain their vigilance against piracy despite a slight decrease in the number…
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Paris Olympics faces record levels of cyber risk
The Paris Olympics this summer will attract the largest cyber risk in the Games’ history, according to European cybersecurity firm…
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Internal audit risks ‘irrelevance’ without embracing technology, warns IIA
The internal audit function risks becoming “irrelevant” unless it can reform, in part by embracing technology, according to international professional…
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French data breaches up 21% in Q2
French citizens are the most exposed in western Europe to data breaches when confidential and sensitive data is exposed to…
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CSDDD raises risk of doing business with China
A recent paper on the European Union Corporate Sustainability Due Diligence Directive (CSDDD) published by the European Business Organisation Worldwide…
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Vale and BHP to share liability in UK and Dutch Fundão dam collapse class actions
Brazilian mining firm Vale has reached an agreement with Anglo-Australian partner BHP to share liability for compensation claims brought in…
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Global M&A activity rebounds but remains fragile amid uncertainty: WTW
Global M&A deals increased by 28% in the second quarter of 2024 from the same period last year, according to…
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Severe weather halts ships around Cape of Good Hope to exacerbate supply chain problems
Extremely bad weather near the Cape of Good Hope has brought containership traffic to a standstill this week, according to…
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Volkswagen ordered to pay contractor $190m in damages after exiting Russia
A Russian court has ordered German car manufacturer Volkswagen to pay 16.9bn roubles ($190m) to its Russian contractor GAZ Group…
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Lower sulphur shipping fuels accelerating global temperature rise, warns Moody’s RMS
New shipping regulations introduced by the International Maritime Organization (IMO) to reduce sulphate emissions from vessels could be the “culprit”…
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Boeing pleads guilty to 737 crash charges and accepts $244m criminal fine
Boeing has agreed to a guilty plea over fraud charges in the US and will pay a $243.6m criminal fine…
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Europe-Asia trade conflict needs to be tackled, says Belgian industry
As Europe becomes engulfed in divisive elections, the Belgian confederation of industry (VBO FEB) has warned that the continent is…
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Sirm board confident members can avert risk management overload in polycrisis
Leading Swiss risk and insurance managers agree that their profession is under strain in the polycrisis and that overload is…
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Terrorism, cyber and reputation the big risks at Paris Olympics
With geopolitical tensions on the rise, cyberattacks mounting, and high levels of domestic polarisation, it hardly seems the ideal time…
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Beryl earliest Category 5 hurricane in Atlantic on record: Moody’s RMS
Hurricane Beryl became the earliest to achieve Category 5 major hurricane intensity on record in the North Atlantic Basin this…
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Survey tracks rise in digital risk management as AI emerges as key threat
A survey by audit cloud-based platform AuditBoard has tracked a significant increase in digital risk management maturity, reported by 64%…