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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
The Inspector General (IG), the Federal Reserve’s internal watchdog, is urging the central bank to strengthen how it protects employees and information during periods of international travel where foreign intelligence agencies might be operational. The IG said the Fed currently lacks a formal program to prepare staff for international travel and does not make checks after staff trips to investigate whether anything suspicious has occurred. The central bank does not have a program to track employee foreign travel or to share risk assessments, and it does not have the tools to make sure staff comply with foreign travel rules, the watchdog said.
Full Issue
Risk Channel
UK/Europe
A former Nigerian oil minister has been cleared of taking bribes from wealthy oil and gas industry figures seeking lucrative contracts in Nigeria. Diezani Alison-Madueke was found not guilty after a trial at London's Southwark Crown Court of five counts of accepting bribes and a charge of conspiracy to commit bribery. Alison-Madueke was Nigeria's oil minister between 2010 and 2015 and the one-time president of oil cartel Opec. Her acquittal is a blow for the UK's National Crime Agency (NCA), which had been investigating her for 13 years. "This case has exposed just how tough it is to investigate and prosecute alleged corruption involving political elites," said Zainab Saleem from campaign group Spotlight on Corruption. Alison-Madueke's lawyers argued the spending cited by the prosecution was reimbursed, by the Nigerian state for official business or by herself for personal expenses.
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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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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