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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
A U.S. federal trade court has ruled that President Donald Trump unlawfully used Section 122 of the Trade Act of 1974 to impose 10% global tariffs introduced earlier this year after the Supreme Court blocked his broader worldwide tariff regime. The divided three-judge panel at the U.S. Court of International Trade found that the statute did not give the president authority to implement the tariffs in the manner proposed, with two judges ruling in favor of the plaintiffs and one dissenting. The court barred the administration from collecting the tariffs from Washington state and the two companies that brought the legal challenge, spice importer Burlap & Barrel and toy maker Basic Fun!, although the ruling does not currently apply nationwide. Legal experts said the decision nevertheless creates an important precedent that other importers could use to seek similar relief. The tariffs had been introduced under Section 122, a Nixon-era provision allowing temporary import surcharges of up to 15% in response to serious balance-of-payments issues. Critics argued the law was never intended to support broad modern tariff policies tied to long-running trade deficits. The Trump administration is expected to appeal the decision.
Full Issue
Risk Channel
UK/Europe
Commerzbank has said it plans to cut 3,000 jobs to help it reach more ambitious profit targets as part of a strategy to fend off a mooted takeover by Italian lender UniCredit. "UniCredit’s communicated plan remains vague and bears considerable execution risks, while using misleading narratives that discredit Commerzbank," the German lender said about UniCredit's recent move to officially launch its takeover attempt at a below-market price of €37bn ($43.43bn).
Full Issue
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