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Risk Channel helps you stay ahead of essential risk news shaping your profession. Every weekday, our unique blend of AI, risk experts and researchers monitor 100,000s of articles to share a summary of the most relevant and useful content to help you lead, innovate and grow.

From supply chain to regulatory enforcement, data privacy, GRC controls, whistleblowers, and risk management strategies. Risk Channel is the only trusted online news source dedicated to covering current headlines, articles, reports and interviews to make sure you’re at the forefront of changes in the risk industry.

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Risk Channel
North America
Trump administration must fund CFPB, judge says

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.”

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Risk Channel
UK/Europe
EU's carbon border tax comes into force

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.”

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