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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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Recent Editions
Risk Channel
North America
TikTok owner ByteDance has finalized a deal to create a majority American-owned joint venture, TikTok USDS Joint Venture LLC, designed to secure U.S. user data and prevent a U.S. ban of the app. Under the agreement, American and global investors will hold 80.1%, while ByteDance retains 19.9%. Oracle, Silver Lake and Abu Dhabi-based MGX will each take 15% stakes as managing investors, with Oracle’s U.S. cloud hosting and securing the recommendation algorithm, which will be retrained and updated using U.S. user data. The deal has reportedly received sign-off from both U.S. and Chinese authorities, and TikTok has appointed Adam Presser as chief executive and Will Farrell as chief security officer, with TikTok CEO Shou Chew joining the venture’s board.
Full Issue
Risk Channel
UK/Europe
Industry leaders in the UK including the director-general of the Institute of Directors and the chairman of the UK Shareholders’ Association have warned the government that scrapping the Audit Reform Bill risks further major company failures. In a letter to Business Secretary Peter Kyle, they argue the decision is a "significant step backwards" after years of delays. The government dropped the Bill to avoid extra costs for large firms and reduce regulation, despite earlier commitments to deliver reform amid concern over high-profile corporate scandals. Signatories to the letter co-ordinated by the Chartered Institute of Internal Auditors say no meaningful legislative reform has followed the 2018 collapse of Carillion, despite multiple reviews and consultations. The letter also points to later failures such as Thomas Cook, Wilko and Patisserie Valerie as evidence of ongoing weaknesses in audit and governance. They warn these collapses have cost jobs, damaged pensions and hurt supply chains.
Full Issue
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In the closing days of the 1960s, a boy walks quickly along the sidewalk as he follows his father striding purposefully in and out of the smoky roadside bars and diners of Baltimore. His father enters an establishment, a tired neon light flashing, and exchanges words with the bar-tender as the boy hops up onto a stool. It is a well-rehearsed routine....
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Back in the distant 1980s if you wanted to demonstrate your environmental and ethical credentials it was sufficient to shop at or purchase shares in retailer The Body Shop.
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