Risk Channel

Risk intelligence to lead, innovate & grow.

Want to get your daily slice of Risk knowledge to your inbox? Sign up now

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.

HT banner
Recent Editions
rc-recent-na
Risk Channel
North America
Democratic-led states sue to block Trump's latest tariffs

A coalition of 25 Democratic-led states has filed a lawsuit challenging the Trump administration's latest tariffs on imports from 60 trading partners, arguing that the broad measures exceed the president's legal authority under Section 301 of the Trade Act of 1974. The lawsuit, filed in the U.S. Court of International Trade, follows similar legal challenges by small businesses. The states claim the tariffs are an unlawful attempt to reimpose measures that courts have already ruled illegal. The tariffs, introduced on July 24, impose duties of 10% and 12.5% on goods from countries, including members of the European Union, over concerns about forced labor. The Trump administration maintains the measures are a lawful response to unfair trade practices, while the states argue that Section 301 has historically been used to target specific countries or industries, not nearly all U.S. imports, and that the broad tariffs will do little to address forced labor while increasing costs for businesses and consumers. 

Full Issue
rc-recent-eu
Risk Channel
UK/Europe
UBS fined $125m by US regulators for money laundering violations

US regulators have fined UBS a record $125m over the Swiss bank's failure to implement adequate anti-money laundering controls despite being sanctioned for similar shortcomings in 2018. The US ​Department of the Treasury's Financial Crimes Enforcement Network (FinCEN) said UBS Financial Services (UBSFS) admitted ​to willfully violating the Bank Secrecy Act by failing to implement and maintain an anti-money ⁠laundering program and by failing to file suspicious activity reports.  The settlement - the largest civil fine ever against a broker-dealer for violating the main US anti-money laundering law - resolved related accusations by the Securities and Exchange Commission, the Commodity Futures Trading Commission, and the Financial ​Industry Regulatory Authority. "Today’s historic action against UBSFS should send a clear message ​that recidivist financial institutions will face severe repercussions,” FinCEN Director Andrea Gacki said. 

Full Issue
top-shadow
Read the latest Risk highlights