You’re all signed up for Risk Channel
Thank you for your interest in our service.
Watch out for a confirmation email from our subscriptions team. Once you have confirmed you will join the worldwide community of over 14,000 subscribers who are receiving daily Risk intelligence to lead, innovate and grow.
Note: Due to the nature of this message you may find this in your "promotions" or "spam" folders, please check there. If nothing arrives within a few minutes let us know. If you do not receive this email we will be happy to help get you set up.
Adding the email address [email protected], will help to ensure all newsletters arrive directly to your inbox.
Recent Editions
Risk Channel
North America
A federal judge has said that the Trump administration must allow funding for the Consumer Financial Protection Bureau (CFPB) to continue. The administration has been trying to dismantle the agency, which acts as a guardrail for the safety of the financial system, through staffing and funding cuts. Judge Amy Berman Jackson of the Federal District Court in Washington wrote that the watchdog could continue to receive funding from the Federal Reserve even though the Fed had been operating at a loss since 2022. The Fed’s willingness to pay has not changed, she wrote, adding that “the only new circumstance is the administration’s determination to eliminate an agency created by Congress with the stroke of pen.”
Full Issue
Risk Channel
UK/Europe
The carbon border adjustment mechanism (CBAM), the EU’s landmark carbon border tax which covers six sectors including steel, cement, aluminium and electricity, came into force on January 1. The rules aim to create a level playing field by making sure that competitors from countries with poor environmental standards cannot undercut EU businesses, while also encouraging decarbonisation. Stéphane Séjourné, the European Commission’s executive vice-president for prosperity and industrial strategy, said European companies should welcome the CBAM. “European industrial producers should be encouraged – and not deterred – in their decarbonisation efforts,” he said. “This CBAM reform brings crucial and long-awaited measures to ensure a level playing field between EU and non-EU industrial producers. By strengthening CBAM, we support our industry’s decarbonisation and secure European players’ competitiveness on the world stage.”
Full Issue