Risk
NEWS: Artificial intelligence, 25 October, 2023
CEOs ‘at risk’ without a specialist AI ethics adviser
Chief executives need advisers to ‘ensure’ they use artificial intelligence ethically, to avoid breaching privacy and reputational damage.
NEWS: Audit reform, 18 October, 2023
UK government backtracks on audit reform
Plans for resilience reporting regulations are scrapped in the volte-face, as is the requirement for an audit and assurance policy.
ESG compliance, 13 October, 2023
Banks must pay ‘close attention’ to ESG
Regulators have expressed concern about sustainability linked loans and ‘greenwashing’, a recent panel discussion revealed.
NEWS: Audit fines, 13 October, 2023
Record fine for KPMG over Carillion audit
In all, the auditing giant has now been fined £30m for its failures at Carillion, reduced to £21.5m for co-operation.
NEWS: Mergers and acquisitions, 10 October, 2023
M&As are damaged by ‘ESG amnesia’ in the US
Researchers find ESG policies get conveniently forgotten when the stakes are high, citing the sale of Twitter as a case in point.
INSIGHT: Crypto v cash, 9 October, 2023
Beware of cryptocurrencies
Cryptocurrencies promised a freer marketplace but bring unforeseen exposure to economic, technological and security concerns.
NEWS: Financial reporting, 6 October, 2023
Financial watchdog highlights reporting issues
Ongoing economic uncertainty has seen some companies struggle to provide useful financial data, the FRC finds.
NEWS: UK Corporate Governance Code, 5 October, 2023
Business relays UK Corporate Governance Code concerns
Responses to the FRC’s consultation on its proposals highlight practical concerns about implementation and compliance.
INSIGHT: Cybersecurity, 3 October, 2023
Are you serious about cybersecurity?
Artificial intelligence chatbot hackers are just the latest in a long list of cyber threats, which are not going away any time soon.
NEWS: Governance, 28 September, 2023
Review reveals leadership failure at PwC Australia
Investigation into confidentiality leak finds ‘excessive’ power at the top and says poor decisions added to initial wrongdoing.