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Risk Management

Accurate, timely and credible risk news ― with insight on best-practice, emerging threats and an ever-shifting risk management landscape.

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9 results

Operational Resilience

Risk managers under-rate third-party vendors’ GenAI use

Risk managers currently under-rate third-party vendors’ use of generative artificial intelligence (GenAI) when developing risk assessments to guide firms’ onboarding...
By Rachel Wolcott 24th March 2025
Risk managers under-rate third-party vendors’ GenAI use

Compliance

Insurers should not fear EU AI Act, DORA will reduce reporting burden, says EIOPA chair

Insurance firms have nothing to fear from the European Union’s Artificial Intelligence (AI) Act, while the arrival of its Digital...
By Lindsey Rogerson 20th March 2025
Insurers should not fear EU AI Act, DORA will reduce reporting burden, says EIOPA chair

Climate

Climate risks driving exclusions, raising premiums says Europe’s insurance watchdog

Home and business owners face more exclusions and higher premiums following three years of increased intensity of natural disasters, Europe’s...
By Lindsey Rogerson 18th March 2025
Climate risks driving exclusions, raising premiums says Europe’s insurance watchdog

Operational Resilience

Risk managers should adapt their toolkits for social media shocks

Risks arising from or amplified by social media, such as negative sentiment, fraud or deepfakes, should prompt risk managers to...
By Rachel Wolcott 5th March 2025
Risk managers should adapt their toolkits for social media shocks

Risk Management

Banks need active social media response to viral ‘free moneyʼ posts, misinformation

Banks need to be much more nimble in responding to viral social media posts spreading misinformation about their businesses. While...
By Niece Prayoonrat 25th February 2025
Banks need active social media response to viral ‘free moneyʼ posts, misinformation

Risk Management

European supervisor stress tests banks for resilience to trade wars

The European Banking Authority’s (EBA) biannual stress test kicked off this week. Last run in 2023, this yearʼs test will...
By Lindsey Rogerson 21st January 2025
European supervisor stress tests banks for resilience to trade wars

Regulatory Reporting

Missing identifiers biggest cause of failure in DORA data reporting dry run

Missing or invalid identifiers were the main reason for firms failing a data reporting dry run for the incoming EU...
By Lindsey Rogerson 20th December 2024
Missing identifiers biggest cause of failure in DORA data reporting dry run

Europe, Middle East, Africa

Countdown to DORA: Non-traditional finance firms face biggest challenge

The European Union’s Digital Operational Resilience Act (DORA) finally kicks in, to all intents and purposes on January 17, 2025....
By Lindsey Rogerson 6th December 2024
Countdown to DORA: Non-traditional finance firms face biggest challenge