Analysis – Page 2
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Analysis50 years of risk: Professor Simon Grima, head of the department of insurance, University of Malta
As FERMA celebrates its 50th birthday, StrategicRISK Magazine spoke to its board members and risk leaders about how the risk landscape is changing and the priorities for the future. Here Professor Simon Grima, associate professor, head department of insurance, Faculty of Economics, Management and Accountancy, University of Malta shares his ...
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AnalysisHow EV fires sparked fears, supply chain tensions, and a reputational blaze
Electric vehicle battery fires in South Korea raised public fears and sparked geopolitical tensions over supply chain risks. Here’s what risk managers can learn
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AnalysisRegulation watch: How to get ready for NIS2
One of Brussels’ beloved acronyms, 2016’s NIS was due an update. NIS2 aims to increase cybersecurity for operators of critical infrastructure in today’s digital landscape. Risk management processes will be central to its requirements, says FERMA’s Charles Low.
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AnalysisFERMA 2024: Forever chemicals pose systemic threat as complexity and liability collide
Organisations need to understand the evolving regulatory landscape around PFAS and how supply issues are escalating
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AnalysisRisk briefing: how to take advantage of AI, whilst also managing risks
Philippe Cotelle, head of insurance risk management at Airbus Defence & Space and chair of FERMA’s digital committee says that while AI risks must be managed, it cannot be at the expense of ignoring the opportunities
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AnalysisRegulation watch: the Economic Crime and Corporate Transparency Act
Why this piece of legislation deserves significant focus from risk managers and the boards of directors at the companies they look after.
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AnalysisRegulation watch: dealing with the EU corporate reporting sustainability directive
The EU corporate reporting sustainability directive means organisations must assess and disclose on sustainability, diversity, and corruption factors. The risks of non-compliance are high, and litigation is a significant concern. Here’s what firms need to know
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AnalysisRegulation watch: The EEA’s first comprehensive assessment on climate risk.
The EEA’s large-scale climate risk report outlines the multiple risks, the urgent action needed – and who needs to take ownership of change. Risk managers must seize this chance to use their skills and insights to turn analysis into action, says FERMA’s Charles Low.
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AnalysisRegulation watch: everything risk managers need to know about ASEAN’s guide to AI governance and ethics
Linklaters’ Albert Yuen considers the implications and significance of ASEAN’s guide to AI governance and ethics, and why it is for essential risk managers to understand and embrace this new reality.
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AnalysisFERMA publishes Policy Manifesto urging EU leaders to make Europe “risk ready for a brighter future”
FERMA’s Manifesto 2024-2029 calls on EU to address regulatory complexities, lack of insurance for net zero transition, evolving cyber security challenges, and crisis preparedness levels
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AnalysisUK businesses must embrace technology as the regulatory burden increases
Businesses are grappling with unprecendent levels of compliance, creating significant new risks and exacerbating old ones. Here’s how to meet the challenge head on
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AnalysisSpotlight on: rising ESG violations within supply chains and how to tackle them
Earlier this month, news that workers’ rights campaigners were protesting Shein’s potential FTSE listing hit headlines. Mathias Bolton, head of commerce at UNI Global Union, told the Guardian: “Shein shouldn’t be rewarded with the credibility of being listed in the City, or anywhere else, given the lack of transparency in ...
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AnalysisRisk briefing: Transport and logistics companies must urgently prepare for ICS2 regulation
Awareness of the implementation of the new requirements is key, as is understanding how ICS2 will affect different entities in the supply chain
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AnalysisRisk briefing: supply chain lessons from the Tuff Torq child labor scandal
Amid a wave of child labor violations across the United States, businesses must take steps to ensure their supply chains are free from illegal work practices
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AnalysisRegulation Watch: Big win for risk managers using captives
As the finish line looms in what has been a very long race, FERMA’s head of EU affairs, Charles Low, considers the captive market impact of the Solvency II agreement reached by the European Parliament and Council.
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AnalysisRisk briefing: managing the legal ramifications of interconnected risks
The interconnectivity of threats is a hot topic in the risk management world, but the legal and insurance implications are easily overlooked. Here’s what risk professionals need to know
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AnalysisRisk analysis: What will 2024’s elections mean for businesses
Risk professionals need deeper supply chain understanding and to think about how growing political risks might manifest, to weather the storm ahead
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AnalysisPAP fined 100,000 euros for failing to comply with its data security obligations
Understanding the PAP penality and the key lessons risk managers can learn to stay ahead of GDPR and data security concerns
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AnalysisRisk briefing: learning lessons from the 2023 banking collapses
Transparecy, risk culture, and accountability are key lessons that risk professionals must learn to stave off operational and reputational risks
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AnalysisRegulation watch: the proposed new terrorism rules for small UK businesses explained
A consultation has opened on new laws to make sure UK small businesses are better prepared for terrorist attacks. Here’s what risk managers need to know
