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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
Tariff refund system launches

The refund system set up by U.S. Customs and Border Protection to enable companies to recover illegally collected tariffs from ​the U.S. government went live on Monday. U.S. importers, including Target and Walmart, are due more than $160bn in refunds following the Supreme Court's decision ruling the tariffs unlawful in February. CNBC nevertheless notes that trade lawyers are warning of bureaucratic hurdles, legal vulnerabilities, and the possibility of a last-minute appeal by the Trump administration. ″[Importers] are pessimistic that the government is going to make this easy. They’re anticipating that the government is going to make it as difficult as possible to get their money back,” said trade attorney Matthew Seligman, principal at Grayhawk Law. 

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Risk Channel
UK/Europe
Global cooperation on stablecoins critically important, BIS says

Bank for International Settlements General Manager Pablo Hernandez de Cos has said the potential for stablecoins to undermine monetary and fiscal ​policy, cause financial market stress and obstruct the fight against illicit financing, means ​global regulatory coordination is of "critical importance." Speaking in Japan, de Cos warned that without such cooperation, "divergent regulatory frameworks for stablecoins across jurisdictions could ⁠lead to severe market fragmentation or enable harmful regulatory arbitrage."

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