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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
BP is to make an accelerated payment of approximately $350m to the U.S. state of Louisiana and resolve remaining coastal zone lawsuits involving the company, including remaining litigation linked to the 2010 Deepwater Horizon oil spill. The new agreement was signed by Louisiana Governor Jeff Landry, Attorney General Liz Murrill and BP CEO Meg O’Neill. The payment replaces remaining instalments due over the next seven years under the 2015 Deepwater Horizon Economic Damages Settlement. "We have now disposed of claims and settled with all but one of the major defendants in these coastal cases," Landry said in a statement distributed by BP.
Full Issue
Risk Channel
UK/Europe
Analysis shared with the Observer indicates that the Big Four accounting firms audit offshore companies linked to an estimated $37bn of investment in economies that the World Bank says have a "low rule of law." The report says 90% of the money is held in networks deemed to be at "high risk" of sanctions, or involved in illicit financial activity, such as corruption, organised crime, or fraud. The research, led by the University of Sussex’s Centre for the Study of Corruption in partnership with the Tax Justice Network, examined around 12,000 offshore holding companies linked to 18 major economies. Researchers say Deloitte, EY, KPMG and PwC play a significant role in offshore structures linked to Russian oligarchs and other wealthy individuals, although the findings do not prove wrongdoing.
Full Issue
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New Broom at S.E.C
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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