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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 Supreme Court has upheld the funding structure of the Consumer Financial Protection Bureau (CFPB), rejecting a challenge that could have weakened the agency's regulatory authority. In a decisive 7-2 ruling, Justice Clarence Thomas affirmed that Congress has broad discretion to decide how federal agencies are funded, which includes the CFPB's unique access to Federal Reserve funds independent of the annual appropriations process. The case, initiated by payday lenders challenging CFPB regulations, questioned whether the bureau's funding violated the Constitution's appropriations clause. The Court's decision reinforces the CFPB's stability and autonomy, allowing it to continue its role in consumer finance regulation without the direct financial oversight of Congress. This ruling is pivotal for the CFPB, ensuring its ability to operate with a degree of insulation from political pressures and enhancing its capacity to enforce consumer protection laws effectively. The decision also reflects the Court's broader support for maintaining agency independence, marking a significant victory for proponents of robust federal oversight in financial regulation.
Full Issue
Risk Channel
UK/Europe
A new report has shown that the UK has dropped out of the top 10 countries for good governance under Rishi Sunak's leadership. Weak leadership, poor economic management, and Brexit have dragged Britain down in the global index on good government. The Chandler Global Index for Good Government (CGGI) ranked the UK in 11th place, with scores for "leadership and foresight" placing it in 20th place. The UK also ranked 27th in financial stewardship. Despite Brexit, the UK's reputation and global influence were boosted, coming second in the category, only beaten by France. However, Brexit negatively impacted the UK's international trade score, dropping it by 26 places. Labour has used these findings to criticise the Tories and Rishi Sunak's leadership. Downing Street, on the other hand, questioned the findings, describing them as “strange” and “lacking in evidence”.
Full Issue
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