Banks operating in the Eurozone are still at risk
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Banks remain “vulnerable to failure” in wake of global economic crash and recession

New research has shown that Eurozone banks are as vulnerable to failing today as they were in the run-up to the 2008 global economic crash and subsequent recession. In the first study to compare sources of systemic risk in Eurozone banks, economists found banks in southern...
Posted On 12 May 2015
Europol's headquarters in The Hague
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Production of counterfeit goods across the EU “on the rise” warns Europol

Publication of the first extensive and in-depth Situation Report on Counterfeiting in the European Union (EU) is the direct result of a joint project carried out by EU agencies Europol and the Office for Harmonisation in the Internal Market (OHIM) through the European Observatory...
Posted On 05 May 2015
David Strachan of Deloitte
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“Senior Managers Regime ‘adds complexity’ to the Chief Compliance Officer’s role” states Deloitte

New rules on individual accountability are increasing the challenges put before chief compliance officers (CCOs), in turn adding to what is already a complex and evolving role. That’s the view of business advisory firm Deloitte, outlined in more detail within the...
Posted On 05 May 2015
G4S has just published its Annual Report for 2014
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G4S posts strong 2014 Annual Report with revenues totalling £6.8 billion

Global security business G4S has just issued its Annual Report for 2014, wherein the company outlines that emerging market businesses have accounted for 36% of Group revenues and 40% of profits across the last 12-month period. The company has posted total revenues of £6.8 billion...
Posted On 27 Apr 2015
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Why Cyber Incidents are NOT high impact

In the second instalment of a three-part series for Risk UK exploring ‘cyber’, what it is and how to manage it, Colin Lobley examines how cyber-driven threats stack up against other forms of risk and asks the fundamental question: “Is ‘cyber’ really the biggest risk a corporation...
Posted On 10 Apr 2015
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Insurers called to establish set of common operational risk standards and principles

The insurance industry is being urged to establish a set of common standards and principles, particularly in relation to scenario analysis and capital model design, in order to deliver a greater level of industry convergence while at the same time enhancing Best Practice. The...
Posted On 31 Mar 2015