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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
Senate bans own members from using prediction markets

The Senate has unanimously approved a bipartisan resolution to prohibit its members from participating in prediction markets. The decision follows concerns about senators using sensitive information for personal gain. Senator Bernie Moreno, who sponsored the resolution, said: “United States senators have no business engaging in speculative activities like prediction markets while collecting a taxpayer-funded paycheck, period.” The resolution also extends to staff members. Additionally, Senators Todd Young and Elissa Slotkin have proposed a bill to ban all federally elected officials from using insider information for betting.

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Risk Channel
UK/Europe
EU's landmark tech rules will now target cloud services and AI

The focus of the EU’s Digital Markets Act (DMA) is to turn to cloud and AI services after the European Commission said it has seen progress in other digital areas. The commission said its aim for the near future was to make cloud services and AI “fairer and more contestable,” and that it planned to look into whether certain AI services should be designated as core platforms in the market for virtual assistants. "The DMA was designed to be future-proof and adapt to emerging challenges, for example ​in AI and cloud," European Union antitrust chief Teresa Ribera said.

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