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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
Supreme Court makes 'reverse' discrimination suits easier

The Supreme Court has made it easier for people from majority backgrounds to pursue claims alleging workplace "reverse" discrimination, reviving an Ohio woman's lawsuit claiming she was illegally denied a promotion and demoted because she is heterosexual. Marlean Ames said that despite working for the Ohio Department of Youth Services for more than 20 years, she was denied a promotion and then demoted. The decision effectively lowers the burden of proof required for people who are members of a majority group - such as white or heterosexual people - to make discrimination claims. U.S. court precedent covering some states, including Ohio, had required that members of majority groups show additional "background circumstances" to prove their case or evidence showing a pattern of discrimination. The court has now ruled that the standard of evidence for a discrimination claim should be the same, regardless of a person's identity.

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Risk Channel
UK/Europe
FCA leads global crackdown on rogue finfluencers

The Financial Conduct Authority (FCA) has launched a "global week of action" to combat illegal promotions by rogue finfluencers, collaborating with enforcement agencies in Canada, Hong Kong and Italy. The initiative has led to three arrests and additional criminal proceedings against individuals promoting unauthorised financial schemes. The FCA has also issued 50 warning alerts, which "will result in over 650 take-down requests on social media platforms." Steve Smart, joint executive director of enforcement and market oversight at the FCA, said: “Our message to finfluencers is loud and clear. They must act responsibly and only promote financial products where they are authorised to do so – or face the consequences.”

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