regulation

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20 years of RiskBusiness

RiskBusiness has now been providing governance, risk, audit and compliance solutions and content for 20 years. A lot has happened in those two decades, including events that have permanently shaped the landscape of the financial services sector.

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Under pressure: the growing impact of geopolitical risk

This time last year, with Covid restrictions lifted in most areas and the global pandemic still visible in the metaphorical rearview mirror, firms were optimistic about the year ahead. But then Russia’s tanks crossed the border with Ukraine, and all hell subsequently broke loose. Tensions between Russia and the West have been almost at breaking point, with thousands killed, a European energy crisis and the threat of nuclear war dragging geopolitical risk into the fore. 

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Consumer Duty: what to expect

The Consumer Duty is a regulatory reform implemented by the UK’s Financial Conduct Authority. Finalised in July 2022, the guidance is designed to ensure firms deliver good outcomes for their retail customers and act in their best interests at all times.  

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