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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 U.S. Justice Department has announced the creation of a $1.7bn fund to compensate allies of President Donald Trump who claim they were unfairly investigated by the Biden administration. The "Anti-Weaponization Fund" was unveiled "in exchange" for the president dropping his $10bn lawsuit against the Internal Revenue Service (IRS) over the leak of his tax returns, the DOJ said. Democrats said the settlement is a "slush fund" paid out of taxpayer money for Trump and his allies from a federal agency overseen by him. “This is one of the single most corrupt acts in American history,” Donald Sherman, the president of Citizens for Responsibility and Ethics in Washington, said in a statement. “President Trump, his family, supporters, and countless other America First Patriots were illegally targeted by the Democrat-lead [sic] law enforcement agencies,” a spokesperson for Trump’s legal team said.
Full Issue
Risk Channel
UK/Europe
The UK Treasury has announced plans to revise ringfencing rules that force lenders to separate their retail operations from their investment banking activities, allowing major banks to access more capital for investment. The overhaul aims to free up to £80bn for high-growth UK businesses by permitting retail banks to engage in higher-risk lending. Lenders would be given "an allowance" worth up to 10% of their ringfenced assets to carry out activities that are at present prohibited. Institutions will also be able to share back-office functions allowing them to slash administrative costs. Analysts predict potential savings of £2.5bn across the sector, with NatWest the biggest beneficiary. Lucy Rigby, chief secretary to the Treasury, said the changes "will unlock finance for growth while keeping the UK banking system resilient, competitive and fit for the future."
Full Issue
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