Political risk is often the elephant in the room. Let’s talk about the unmentionable and why we need to face it.
Are Geopolitical Risks on Your “Risk Radar”? “You may not be interested in geopolitics, but geopolitical risk will impact you.” This statement underscores the undeniable influence of global political and economic dynamics on Caribbean institutions and the daily lives of those living in the Caribbean. Even if you don’t actively follow international affairs, these forces…
Risk management is the process of identifying, assessing, and mitigating potential threats to an organization or entity—whether that’s a business, island, or nation. With Donald Trump now having won the US presidential election and his agenda outlined in “Project 2025,” along with his recent statements on geopolitical risks, immigration, and the “America First” policy, I…
In early 2019 the World Economic Forum (WEF) in its annual Global Risk Report warned all of us that escalating divisions amongst our Major Nations meant that we were no longer collaborating on addressing the world’s most pressing threats. For this reason, the WEF warned that we were potentially “sleepwalking towards crisis”. However, a global pandemic…
New Zealand is the first country in the world to make climate risk reporting MANDATORY for financial institutions. Under new legislation announced [in September 2020], large financial institutions need to report annually on governance, risk management, and strategies for mitigating climate change impacts. [Visit www.afr.com for full story] This is relevant to us because, the…
