When we think of financial crime, few would consider procurement fraud to be one of the most pressing threats facing their business. Yet according to PwC, this form of fraud is the second-most commonly reported economic crime in the world, ranking above bribery, corruption and even cybercrime.
Utility regulators (URs) for the power sector often fail to implement well-designed policies because of legal, operational and political limitations. Continuously improving policy without addressing these limitations will lead to ineffective policy outcomes.
Any replacement for the London Inter-bank Offered Rate (LIBOR) will have serious investment, accounting and legal implications for various global stakeholders (SHs). The LIBOR has been the most widely used interest rate in the world.
The original 29 March Brexit deadline may have been pushed back until 31 October 2019, but questions still remain about what the UK’s withdrawal from the EU will mean for the future of the economy.
The management of intangible assets (IAs) will determine the wealth of nations, but what cannot be measured cannot be managed. IAs can be defined as non-physical assets that generate income for their owners. This includes software as well as other intellectual capital.
Climate change will bang on the doors of insurers, and, to adapt, the risk managers of the world are putting their houses in order. Climate change (CC) has very quickly transformed from a topic at research conferences into an adversity experienced by millions of people.