Tag: risk
Risk: beware the leadership clique
The rapid collapse and bankruptcy of huge cryptocurrency exchange FTX carries a salutary lesson about the need for challenge on every board.
Why we need audit reform right now
There is an “urgent need” for reform to the audit landscape as well as internal audit, the Chartered IIA argues.
Sustainability and climate change: the other energy crisis
The world is addicted to cheap energy. We need to admit this and have the courage to put oil, gas, and coal into stewardship.
ESG and your supply chain
Businesses looking overseas for innovative solutions to supply chain disruption need to be aware of the potential for ESG-related litigation.
FRC reviews corporate governance reports 2021-22
The watchdog found the quality of reporting to be good, but there were many areas of concern, including cash flow statements.
Governance must not stand in the way of innovation
As regulation increases, innovation suffers—but a diverse, savvy board can promote a corporate culture open to change.
MPs demand jail time for directors who fail to prevent fraud
MPs are tabling an amendment to the economic crime and corporate transparency bill to address ‘outdated and ineffective’ liability laws.
Meta faces US lawsuit over its corporate governance
A Meta stockholder alleges that the company’s business model failed to consider the risks to society and to ‘diversified stockholders’.
FRC Lab publishes report on digital security risk disclosures
Boards need to move beyond a ‘boilerplate and overly static’ approach to digital risk disclosures, advises the Financial Reporting Council.
Are cyber disclosure demands too high?
Organisations increasingly struggle with cybersecurity as they balance fear of reputational damage against cyber disclosure requirements.