Financial Risks

No need for EU to add new duties for directors

Adding a new layer of directors’ duties in the EU’s Corporate Sustainability Due Diligence Directive (CS3D) would create confusion and complexity, according to a joint survey by ecoDa and Allen & Overy

Nuclear hack creates rising fears of cyber vulnerability in critical services

News that one of the UK’s most high profile nuclear power stations has been hacked with fears that the hackers have been accessing highly sensitive information or years has led to new calls for the country to tightening up security at its vital infrastructure

Record-breaking 2023 highlights constant cyber threat

There are warnings that cybercrime is for life and not just for Christmas as 2023 has seen risks increase dramatically

Germany prepares to legalise cannabis in 2024

The German coalition government is finalising details for long-awaited cannabis legalisation, including dates for cannabis cultivation and the establishment of cannabis clubs

Financial services firms failing on diversity research warns

The financial services sector has been told its time to truly engage with its diversity, equity and inclusion (DEI) strategies after new research found the average DEI score for financial services firms has declined from 67 to 65 (out of an optimal 100) in the past 12 months

New CO2 fears and atmospheric impact worsens

As the COP28 climate summit continues, scientists have warned that there is growing evidence carbon dioxide becomes a more potent greenhouse gas as more is released into the atmosphere