Archegos indictment raises new questions about banks’ risk management controls – Reuters | Region & Cash

NEW YORK, May 2 (Reuters) – New details revealing how Archegos Capital Management founder Bill Hwang hid his fund’s extreme exposure from his lenders raise new questions about the risk management policies of these global banks, formers said regulators and risk experts. Hwang and Archegos Chief Financial Officer Patrick Halligan were arrested Wednesday on charges … Read more

The basics of credit risk management and how to mitigate credit risk – Times of India | Region & Cash

After two years of a Covid-19-induced slowdown in India’s economy, there was a glimmer of hope in the final quarter of fiscal 2022. Rating agencies reported fewer downgrades and observed improved credit quality. Meanwhile, Russia invaded Ukraine on February 24, 2022, sending oil and commodity prices skyrocketing and disrupting supply chains again. Sanctions against Russia … Read more

The Future Is Now for Creating TSCA Risk Management Rules for Asbestos and Other Chemicals – JD Supra | Region & Cash

The EPA has proposed a ban on the ongoing use of chrysotile asbestos, illustrating the EPA’s strong authority under Section 6 of the Toxic Substances Control Act (TSCA). Still, it is the alternatives to a ban that the EPA has considered but not adopted that have the greatest impact on companies that make or use … Read more

EPA’s TSCA Risk Management Rulemaking for Asbestos, Chemicals – The National Law Review | Region & Cash

The EPA has proposed a ban on the ongoing use of chrysotile asbestos, illustrating the EPA’s strong authority under Section 6 of the Toxic Substances Control Act (TSCA). Still, it is the alternatives to a ban that the EPA has considered but not adopted that have the greatest impact on companies that make or use … Read more

Jesse Parenti & Kirk Miller: Risk Reduction in the Cannabis Industry – Ganjapreneur | Region & Cash

Between the emergence of the cannabis industry and its highly regulated and well-funded environment, operators in the industry face a tremendous array of business risks. But while these risks are real, concerns can be allayed with the help of risk-management professionals like Nine Point Strategies, an agency that provides business insurance and cannabis-related recruitment … Read more

What is Financial Risk Management and Why Study It? – News about the master’s degree | Region & Cash

Every business, regardless of its size, takes some level of risk. There are several variables to consider when making any financial decision, and some risk is inevitable. But you can certainly mitigate it. Therefore, companies are increasingly turning to specialists in this field for expert evaluations to make decisions that directly affect a company’s sales. … Read more

Why collaboration is key to driving the future of risk mitigation – Information Security Buzz | Region & Cash

As COVID-19 restrictions ease, many employees are beginning to return to the workplace. But for many, the traditional five-day work week in the office is well on the way to becoming obsolete. According to recent research, more than half of employers (55%) expect an increase in employees working from home or remotely part of the … Read more

Experts assess risks to consider when companies face exit from Russia – Compliance Week | Region & Cash

While many well-known brands have ceased operations, mothballed facilities or left Russia altogether, some foreign companies are continuing to operate there as usual and are likely to do so until their customers/suppliers are specifically sanctioned. However, as soon as sanctions are imposed, they usually have to be complied with immediately. Under the measures previously announced, … Read more

3 things to think about when managing vendor risk – Forbes | Region & Cash

Starting a startup is risky, and things only get riskier when services are outsourced. Most executives need some Vendor Risk Management (VRM) to give them the confidence to succeed. “Founding a startup is already a risky endeavor, and unfortunately, outsourced services introduce more risk,” said Todd Boehler, senior vice president of strategy at ProcessUnity. “Even … Read more