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Risk Management Industry News for FCA Regulated Businesses

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COVID-19, HR

7 strategies for managing HR risk amid the Coronavirus crisis

Organisations have made dozens of changes to HR policies in response to the fast-moving coronavirus crisis. Initial concerns about work-from-home directives and restrictions on travel have given way to simply keeping employees safe and the company...

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Financial Services, Insurance, COVID-19

Covid-19 – is the insurance industry failing to deliver?

Long after lockdown has ended, there could well be ongoing fallout, potentially in the courts, over whether business interruption (BI) claims should have paid out.

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Compliance Management, Financial Services

The 5 biggest challenges to effective compliance management

Compliance is complicated and expensive to manage – often made more so by the very tools and processes intended to get the job done. 

Many compliance teams struggle with clunky, outgrown technology, inefficient processes and significant time can be...

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Financial Services, COVID-19

COVID-19 - is your business managing the work from home risks?

It’s now over a month since the UK went into lockdown and businesses and employees alike, are eagerly awaiting news of a timeframe for the relaxation of social distancing rules, that will allow the financial services sector to open its doors again.

...

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Financial Services, COVID-19

COVID-19 – why its impact on financial services spreads far and wide

As the UK continues to be gripped by the COVID-19 pandemic and the number of cases - and death toll - rise, it may now appear that what happens to the financial services sector is relatively inconsequential. 

The reality though, is that a resilient...

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Cyber Crime, Fraud, Phishing

COVID-19 – crime escalates as the virus takes hold

As the UK battles the COVID-19 virus, fraudsters are moving in to take advantage of the crisis and the rising numbers suggest there could well be a crime as well as a health pandemic.

UK reporting service, Action Fraud, said since 1 February 2020,...

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