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Key Business Concerns for 2023

Welcome to the annual RiskBusiness Key Business Concerns Report, 2023. Each year, we analyse the industry’s biggest risk surveys to identify the most pressing issues impacting financial institutions in the year ahead, from a non-financial risk perspective. Every year brings new challenges for those responsible for risk management, compliance and related roles. This year is no different, with the aftermath of Covid colliding with growing political and economic turmoil, set against the backdrop of the largest war on European soil since WW2.

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Blog

FTX: “a complete failure of corporate controls”

Never has the phrase “meteoric rise” felt so appropriate. At the height of its success, FTX processed more than US$6bn in spot trade volume, with an average daily trade volume of US$2bn. It was valued at US$32bn in January 2022, making it one of the world’s most valuable crypto companies at that time. 

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