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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
The Trump administration has scaled back its efforts to dismantle the Consumer Financial Protection Bureau, instead seeking court approval to cut more than half of its remaining workforce while keeping the agency operational. A new restructuring plan would reduce staff to 556 from around 1,200 earlier this year, following prior attempts to eliminate up to 90% of employees that were blocked by courts. The proposal includes deep cuts to key divisions such as supervision and enforcement, significantly limiting oversight of financial institutions and consumer protection activities. While the administration continues to push for a smaller agency, it has acknowledged that fully closing the bureau would require congressional approval, with the revised approach reflecting ongoing legal challenges and judicial intervention.
Full Issue
Risk Channel
UK/Europe
Unilever's European works council has said that the company's $65bn merger with McCormick could precipitate union action over potential job losses. The labour pushback comes as Unilever CEO Fernando Fernández seeks to streamline operations and focus on high-growth categories. The deal, which combines brands including Hellmann's and Knorr with McCormick's spices, is expected to close next year pending approvals. "We fear that a possible transaction could be accompanied by further personnel measures," the Unilever European Works Council (UEWC), which represents nearly 20,000 employees in Europe and Britain, told Reuters. "Uncertainty among the workforce is high." The UEWC said it would weigh what action might be taken if Unilever does not "find good solutions for affected employees," adding "It could lead from negotiations to maybe strikes in different countries where that is possible. It depends on the legislation around Europe."
Full Issue
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