Risk & Resilience

Australia’s prudential regulator is warning that while financial stability has long been the bedrock of the nation’s prosperity, it cannot be taken for granted in a world increasingly defined by conflict, technological disruption, and mounting cyber threats. Addressing the RMA CRO Conference in Sydney on Thursday, APRA Executive Director of Cross-Industry Risk Chris Gower sketched out a landscape fraught with “severe but plausible” risks, while also pledging to pare back regulatory burdens that risk stifling competition and growth.

The Monetary Authority of Singapore (MAS) has issued a consultation paper proposing updated Guidelines on Liquidity Risk Management for banks, merchant banks, and finance companies in Singapore. The move marks the first major revision since 2013, reflecting lessons learned from supervisory reviews and recent global banking turmoil.

In a universe where regulations multiply faster than Tribbles and risk events arrive with all the subtlety of a falling whale, it helps to have a guide. A few weeks ago, we published Don’t Panic A Hitchhiker’s Guide to the GRC Technology Galaxy, a friendly reminder that the GRC universe is vast, strange, and occasionally full of Vogon-level bureaucracy.

Canada has taken another hard look at the shadow economy running through its borders, and the picture is as sobering as ever. In its 2025 National Risk Assessment on Money Laundering and Terrorist Financing, the government says organized crime groups, fraud schemes, and new twists driven by technology like artificial intelligence remain the most urgent threats to the integrity of the financial system.

‍For years, environment, health, and safety (EHS) programs were treated as the paperwork-heavy cousin of corporate compliance—necessary, yes, but hardly the stuff of boardroom strategy. That perception is quickly eroding. A new EY survey shows that when companies take EHS seriously and invest strategically, they don’t just tick regulatory boxes, they create real, measurable business value.

Australian Energy Regulator (AER) Chair Clare Savage has warned that regulators must be prepared to navigate the twin challenges of speed and complexity as markets transform, urging that risk awareness and compliance discipline remain central to regulatory responses.

The European Banking Authority’s (EBA) first-quarter 2025 Risk Dashboard shows the EU/EEA banking sector holding steady on capital and profitability, but with a notable rise in the cost of risk to its highest level in over three years.