The UK’s financial services industry could be subject to greater scrutiny over the performance of its products and complaints procedures under proposed new regulator rules.
UK businesses are monitoring risks better than ever and increasing their coverage of fraud risk. However, significant challenges around data analysis, staff training and a lack of routine risk assessments remain, according to a study from Deloitte.
As global markets shift, companies are making major changes in strategies and operating models. These business transformations require a bolstering of risk management techniques as a shaky global economy, tax increases, technology and expansion to new markets and geographic areas all present new risks to businesses.
A recent report by the Institute of Internal Auditors described five ways to boost the independence of the internal audit function when the chief audit executive position is staffed by employees rotating from other functions.
Complexity and the rapid pace of change is challenging internal auditors to keep their skill sets current even as they try to expand the value they bring to their companies.
The Committee of Sponsoring Organizations of the Treadway Commission (COSO) expects to issue its updated Internal Control—Integrated Framework on May 14.
Fostering good relations and transparency are two ways to build good investor relations. Ernst & Young, which has regular contact with the finance heads of its clients, has these tips for effective investor communication.
The increase in volume, velocity and availability of big data can create growth and efficiencies for organisations, but it also presents risks. Strong corporate governance is needed to capitalise on the opportunities and minimise the chances of unintended consequences arising from big data use.
Companies are investing in efficiencies, expanding into new markets and altering risk management processes to combat the uncertainties, according to a new survey of North American finance professionals.
Moody’s lowered the UK’s government bond rating to Aa1 from Aaa about a year after it warned investors that weak economic growth was hampering the UK’s ability to reduce its debt and deficit.
Brazil, Russia, India and China are losing some of their attractiveness, and multinational companies have started to look for the next global growth hot spots, a global Ernst & Young survey suggests. Find out how selecting new markets has changed.
Threats that keep top experts and high-level leaders up at night are the risks that are beyond any one company or even one nation to handle. A report from the 2013 World Economic Forum lists the most likely ones with the biggest damage potential.
In governance regimes where executive directors are the norm, CFOs get a useful first taste of the boardroom. The next step is to broaden that experience beyond their own companies by taking on non-executive director roles. Two executives offer tips on making the transition.
Emerging, relentless cybersecurity threats pose a significant danger to organizations that are unprepared to detect and deter them, according to a new global survey. Known as advanced persistent threats, these attacks are not easily deterred by traditional controls.
New regulation and severe weather events in the past few years are driving companies around the globe to pay more attention to enterprise risk management. Find out what threats worry executives the most and how existing ERM programmes could be improved.
Economists and businesses around the world are paying closer attention to risks related to extreme weather. New storms and statistics serve as a reminder for businesses: It’s a mistake to think that disasters only strike somewhere else, and it never hurts to plan for the worst.
Compensation for corporate boards rose slightly in Europe, but the pay gap between men and women increased. A Hay Group survey of 390 public companies in 12 countries showed that while more women are joining corporate boards, they’re still behind in compensation.
Research by the Canadian Federation of Independent Business and KPMG shows that in Canada and the US, the smallest companies carry the heaviest burden.
A consultation report released by the International Organization of Securities Commissions (IOSCO) is designed to help regulators improve their supervision of securities firms to protect the assets of clients of those firms.
