All Governance articles – Page 29
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Crisis spurs investment in risk technology
The market for risk management systems is expected to grow by 13%
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Online onlyData loss could rise during downturn
More redundancies and a growing black market for stolen information contribute to the problem says Overtis
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Safety body welcomes new health and safety law
The British Safety Council said the new Act, which threatens employers with prison over health and safety offences, would help increase internal controls
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Online onlyUS sets limit on exec pay for bailout firms
President Barack Obama has set a $500,000 limit on annual pay for executives at propped-up companies
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AIG investments took additional risks
At one stage AIG Investments was putting around $70bn into subprime bonds, according to a report
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Online onlySlow growth for Euro insurers in 2009
Further write-downs are expected and certain lines will be curtailed, according to Ernst & Young
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Klaus Schwab delivers Davos speech
The world is experiencing a wake-up call to overhaul its institutions, systems and attitudes, claimed the World Econommic Forum’s founder
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Online onlyCommission fines marine hose cartel €131m
The company that revealed the cartel to the authority was not fined
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AIG seeks to sell investment arm
Sources have revealed that the ailing insurer is trying to sell AIG Investments, according to news reports
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AnalysisBanks need better risk info
The ability to successfully document a risk profile could help banks manage their risks properly, says Mikael Krohn
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AnalysisKeep an eye on all the risks
Managing through the dowturn is the biggest concern, but risk managers shouldn't take their eye off the ball
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Authorities uncover another massive Ponzi scheme
The owner of Agape World has been charged with running a $370m fraud scheme
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Online onlyRisk still ignored in the boardroom
Risk management still seen as a compliance function in the majority of firms, despite the credit crunch, finds E&Y study.
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AnalysisWhat’s in store under Obama?
More bailouts, social programmes and renewed diplomacy, says Exclusive Analysis
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SIFMA welcomes financial intervention package
Package includes a number of specific initiatives to help increase lending
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Online onlyFSA fines electronics company for delayed disclosure
Wolfson Microelectronics was fined £140,000 by the UK regulator for failing to reveal information to the market
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Online onlyRubber chemical could cause cancer
Workers that come into contact with a chemical used in rubber production are at high risk of developing cancer, new research revealed
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Online onlyFTSE350 pension deficit soars to £33bn
Corporate default risk also rises fourfold, according to Mercer
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Online onlyRIMS calls for regulation of broker commissions
US association wants contingent fees to be prohibited
