The role of the Chief Risk Officer (CRO) in the Gulf Cooperation Council (GCC) banking sector is undergoing significant transformation as financial institutions face increasingly complex risks, technological disruption and changing regulatory expectations. Traditionally focused on credit, market and operational Read More …
Category: Latest News
The Chief Risk Officer Role in GCC Banking Sector Is Being Reshaped
AI Cyber Liability Risk Is Outpacing Existing Insurance Coverage
The rapid adoption of artificial intelligence (AI) technologies is creating new cyber liability challenges for organisations, with emerging risks developing faster than many existing insurance policies and risk management frameworks can address. As businesses increasingly integrate AI into operations, concerns Read More …
AI in Risk Management: Practical Applications and Key Considerations
Artificial intelligence (AI) is increasingly transforming the risk management function by enabling organisations to identify threats earlier, analyse complex data patterns and make more informed decisions. As risks become more interconnected and dynamic, AI-powered tools are helping risk professionals move Read More …
Malaysia Issues Three New Data Protection Risk Management Guides
Malaysia’s Personal Data Protection Commissioner (PDPC) has issued three new guidelines aimed at strengthening how organisations identify, assess and manage risks arising from the processing of personal data. The guidance covers Data Protection Impact Assessments (DPIA), Data Protection by Design Read More …
S&P Global Outlines Four-Pillar Model for Modernising Credit Risk Management
Commercial banks can strengthen credit decision-making by connecting credit monitoring, risk measurement, stress testing and problem-loan recovery within a single end-to-end workflow, according to an April 28, 2026 case study from S&P Global Market Intelligence. The analysis argues that fragmented Read More …
Leading Investment Firms Expand AI Use in Asset Management
Artificial intelligence is moving deeper into the global asset and wealth management industry, with major investment firms deploying AI for portfolio analysis, investment research, personalised advice, risk management and operational automation. A U.S. News review highlighted seven major investment firms Read More …
Supply Chain Risk Rising Faster Than Organisational Readiness: Study
Organisations worldwide are facing a widening gap between growing supply chain risks and their ability to anticipate and respond effectively, according to a new study from Avetta. The findings indicate that fragmented risk systems, limited real-time visibility and reactive processes Read More …
European Banks Step Up Risk, Compliance and AI Investment
European banks are increasing investment in risk management, compliance and artificial intelligence as competitive pressure from fintechs and non-bank lenders intensifies, according to new research from Moody’s. The study found that 61% of European banks regard growing competition from new Read More …
K2 GRC Launches FAIR-Based Cyber Risk Service
K2 GRC has launched a new FAIR-based Risk Service designed to help organisations quantify cyber risk in financial terms and strengthen business decision-making. Built on the Open FAIR methodology, the new service extends K2 GRC’s integrated governance, risk, compliance, training Read More …
Aon Launches AI Risk Diagnostic for Enterprises
Aon has launched an AI Risk Diagnostic, an enterprise-level assessment designed to help organisations evaluate and manage risks arising from the growing use of artificial intelligence across business operations. The solution provides organisations with a structured assessment of their AI Read More …