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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
San Francisco challenges food manufacturers

The city of San Francisco has filed a lawsuit against 10 major food manufacturers, including Coca-Cola, PepsiCo, Kraft Heinz, and Nestlé, claiming that ultraprocessed foods are contributing to a public health crisis. City Attorney David Chiu said: "They took food and made it unrecognizable and harmful to the human body," as he highlighted the link between these foods and serious health issues including Type 2 diabetes and cancer. The lawsuit seeks to hold the companies accountable for deceptive marketing practices, and also calls for consumer education on health risks and financial penalties to assist local governments with healthcare costs related to ultraprocessed food consumption. The lawsuit marks the first time a municipality has sued over claims food companies have knowingly marketed addictive and harmful ultra-processed foods. A report from the U.S. Centers for Disease Control and Prevention indicates that most Americans derive over half their calories from such foods.

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Risk Channel
UK/Europe
UK financial regulator launches AI live testing scheme

The UK's Financial Conduct Authority (FCA) has launched its first AI live testing scheme, allowing major financial firms to trial AI in a controlled environment. Participants include NatWest, Monzo, and Santander. The initiative aims to ensure safe and responsible AI deployment in UK financial markets. Jessica Rusu, FCA's chief data officer, said the testing environment will help avoid pitfalls seen in other jurisdictions. The FCA is shifting towards a more collaborative regulatory approach, with applications for the second cohort opening in January. The goal is to innovate while maintaining consumer protection.

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