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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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Recent Editions
Risk Channel
North America
U.S. Customs and Border Protection (CBP) said on Tuesday that $20.6bn in tariff refunds is being prepared for distribution to importers that successfully filed claims through a new government web portal established after the Supreme Court overturned a large portion of President Donald Trump’s tariffs. The agency also acknowledged that a previously reported $35.5bn in refund claims had been overstated by about $10bn because of a data-query error, with the corrected figure closer to $25bn. CBP said approximately $85bn in potential and certified refunds had been accepted for processing as of May 22nd, while nearly 16m import entries are currently moving through the refund program.
Full Issue
Risk Channel
UK/Europe
The European Central Bank (ECB) has said the euro zone is not facing systemic risk from recent turbulence in private credit but some areas of the financial system are exposed. "Euro area financial institutions appear to have limited direct exposure to private credit," the ECB said in a report. "This makes it unlikely that private credit in isolation could be a source of systemic financial instability at present." Nevertheless, "Insurance corporations and pension funds in particular could, in an adverse scenario, face more material second-round revaluation losses from broader spillovers to leveraged loans, high-yield bonds and equities," the ECB observed. Meanwhile, the bank warned that an AI-fuelled investment boom increasingly financed by private credit would create a new threat to the euro area’s financial system.
Full Issue
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In the closing days of the 1960s, a boy walks quickly along the sidewalk as he follows his father striding purposefully in and out of the smoky roadside bars and diners of Baltimore. His father enters an establishment, a tired neon light flashing, and exchanges words with the bar-tender as the boy hops up onto a stool. It is a well-rehearsed routine....
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Here Comes The Bribe
How robust are the anti-bribery strategies in your organisation? Do you have any? Bribery is not a phenomenon limited to multinationals operating in some of the more obscure, less-regulated areas of the world.
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Whistle Test Is Coming
The demands for “whistle blowing” employees to be given more protection are growing. The following stories selected from the daily news newsletter highlight this trend
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CEOs Fret Over Lost Remote Control
“Over recent weeks as politicians signal that societies now need to live with Covid-19 and have announced the lifting of distancing restrictions some high-profile CEOs have publicly called for their workforces to re-embrace the office as the Covid pandemic threat recedes
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ESG Is Not Another Name For CSR
Back in the distant 1980s if you wanted to demonstrate your environmental and ethical credentials it was sufficient to shop at or purchase shares in retailer The Body Shop.
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