Category Archives: Financial Services

Trump Administration and financial institutions: 3 things we know

Now that we are a couple of months into the Trump presidency it is important to take stock and determine how risk management at financial institutions will be impacted by the likely changes that appear on the horizon. General economic … Continue reading →

Supreme Court victory for U.K. Financial Conduct Authority spells trouble for senior managers

The recent U.K. Supreme Court decision in Financial Conduct Authority V Macris has clarified the law—but not in a way that will give comfort to senior managers. Continue reading →

Guide to errors and omissions liability insurance for financial institutions

The concept of professional liability has expanded to include professions other than medical malpractice – like financial institution management. Continue reading →

A new regulatory threat for directors of U.K.-listed companies

You are a director of a U.K.-listed company but not its Chief Financial Officer. A significant error is discovered in the financial statements going back several years, as a result of which the accounts have had to be restated. If … Continue reading →

The cyber risk of tax return fraud: what you should know

There are many opportunities for fraud during the creation, delivery and usage of tax documents during tax filing season. Continue reading →

U.S. corporate tax reform – What you need to know

Conditions in Washington make it likely that 2017 will bring significant changes to how U.S. domiciled insurance companies will be taxed. Proposals to cut corporate tax rates and to change how income from outside the U.S. is taxed will, if … Continue reading →

What risks will emerge in 2017?

A look at the emerging risks for 2017 reveals two clear touchpoints: people and politics – and especially politics. Risk experts in areas ranging from human capital to transportation, from Washington, DC to Brazil are looking at the broad implications … Continue reading →

2017: The year Fintech grows up and learns to play nice

2017 will be remembered as the year that technology and finance finally came to terms with each other. While the hype may be dying, Fintech is now better positioned to change the industry in the coming year. That rock-and-roll band … Continue reading →

Blockchain – How far can business process automation go?

Although Bitcoin is now 8 years old, the current driver of interest in blockchain is the ability to reduce logistical costs, prevent fraud and eliminate legal disputes. Continue reading →

2017’s most dangerous risks for insurers

We took a list of over 50 risks commonly found on insurer risk registers, and asked, “Which risks present the most danger to your firm in 2017?" Continue reading →