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Risk Channel helps you stay ahead of essential risk news shaping your profession. Every weekday, our unique blend of AI, risk experts and researchers monitor 100,000s of articles to share a summary of the most relevant and useful content to help you lead, innovate and grow.

From supply chain to regulatory enforcement, data privacy, GRC controls, whistleblowers, and risk management strategies. Risk Channel is the only trusted online news source dedicated to covering current headlines, articles, reports and interviews to make sure you’re at the forefront of changes in the risk industry.

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Risk Channel
North America
South Korean workers detained in U.S. raid arrive home

More than 300 South Koreans who were detained in an immigration raid at a Hyundai plant in the U.S. state of Georgia have arrived home. A chartered Korean Air jet carrying the workers and 14 non-Koreans who were also detained in the raid took off from Atlanta at midday local time on Thursday (17:00 BST). One South Korean national has reportedly chosen to stay in the U.S. to seek permanent residency. Korean companies would be "very hesitant" about investing in the U.S. following the raid, South Korean President Lee Jae Myung said on Thursday. "The situation is extremely bewildering," Lee observed, while noting it is common practice for Korean firms to send workers to help set up overseas factories. "If that's no longer allowed, establishing manufacturing facilities in the U.S. will only become more difficult . . . making companies question whether it's worth doing at all," he added. On Friday, the South Korean foreign ministry said it had called for the U.S. Congress to support a new visa for Korean firms.

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Risk Channel
UK/Europe
US regulator says it has concerns over European ESG rules

The US Securities and Exchange Commission (SEC) has criticised two recent European laws on companies' disclosures of their environmental, social and governance impacts. SEC chair Paul Atkins said the laws, including the Corporate Sustainability Due Diligence Directive, which requires larger companies to verify whether their supply chains use forced labour or cause environmental damage, could impose costs on investors. "I have significant concerns with the prescriptive nature of these laws and their burdens on US companies, the costs of which are potentially passed on to American investors and customers," Atkins said, adding that European authorities should focus on promoting free enterprise instead.

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