“Senior leadership … are focused on nearer-term issues” – David Carlin, United Nations Environment Programme Finance Initiative hubs.li/Q023_1pM0

“The days of zero MRAs are over” – Ali Moghaddam, City National Bank hubs.li/Q024t_K00

Risk managers concerned over US OIG’s report revealing “security control weaknesses that reduced the effectiveness of the FDIC’s information security program” hubs.li/Q024LMp70

Risk Live: Poor internal policies for reporting compliance failures could be costing banks millions in fines – former SEC official hubs.li/Q026nBnB0

"We need to transition to observability of [AI] models and work with regulators to address their concerns" – Gil Perez, Deutsche Bank. hubs.li/Q0289F6r0

new year, new AI coverage;) risk.net/risk-managemen…

“There is a lot of poaching [of climate risk staff] going on, especially among senior talent” – environmental and social risk officer, European G-Sib hubs.li/Q02gf1bW0

Banks must introduce better management of IT asset inventories, to protect known vulnerabilities in outdated software. hubs.li/Q02k8c5y0

“I think a lot of people still haven’t realised how quickly a breach could happen as soon as a vulnerability becomes public” – Michael Cocanower, chief executive, AdviserCyber hubs.li/Q02mmpsr0

Security experts say LockBit appears determined to revive operations, and firms need to prepare cyber insurance and ransom negotiators hubs.li/Q02pLK7Q0

CFTC urged to proceed cautiously in developing new rules and guidance around AI. hubs.li/Q02snqKG0

Will Fed’s ‘hard look’ at rate hike risks match Europe’s IRRBB approach? hubs.li/Q02swRgk0

Can CCAR truly identify and help correct weaknesses within the banking system? hubs.li/Q02vwxNM0

“This CRE downturn just doesn’t feel the same. I don’t think it is going to lead to anything systemic but a cyclical increase in bank failures” – Ron Cathcart, ex-New York Fed hubs.li/Q02Dn5HL0

“The chance that Credit Suisse is an absolute outlier and no other bank is sitting on similar problems is almost inconceivable” – Jon Gregory, independent consultant specialising in counterparty risk hubs.li/Q02J_sfK0

“[Cyber security companies] have the ability to basically turn our computers into useless pieces of hardware” – CISO at a large global bank hubs.li/Q02KbvTF0

“There are risk management practices that need to evolve because the world in which we are dealing with third parties is evolving” – Bethany Netzel, CME. hubs.li/Q02NhB_R0

“Now we wonder if [CrowdStrike] are still upholding their high standards. To put it simply: should we trust them a second time?” – global bank’s op risk manager hubs.li/Q02PFMJv0

To auto-update or not? That is the question. hubs.li/Q02RCVHD0

Goldman’s appeal win over Fed stress test results could mean future decisions by regulators are more vulnerable to challenges hubs.li/Q02WgXql0