By
Aaron Nicodemus2021-12-20T14:23:00
The Office of the Comptroller of the Currency published draft guidance for large banks to identify, measure, monitor, and control climate-related risks to ensure the safety and soundness of their institutions and the market.
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2022-09-13T17:25:00Z By Kyle Brasseur
The Office of the Comptroller of the Currency has reinforced its commitment to confronting risks posed by climate change with the appointment of Yue (Nina) Chen as chief climate risk officer.
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Geopolitical uncertainty is becoming the defining feature of the decade, and global powers are increasingly using geo-economic power to promote national interest and defend their critical interests. Multinational companies, consultants, and global law firms are responding by setting up dedicated national security teams.
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Hundreds of billions of dollars in illicit funds move through the global financial system each year through the operations of environmental crimes linked to transnational criminal organizations. Illegal mining, in particular, directly exposes global financial institutions to a wide range of risks.
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For the past few years, companies have been grappling with how to control employees’ use of AI in the workplace, but it seems that executives are the most likely to flout the rules and put the organization at risk.
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