Risk & Resilience

European insurers are making notable headway in incorporating climate change into their risk frameworks, but hurdles like inconsistent methodologies, patchy data, and short planning horizons still stand in the way of fully embedding climate risks into decision-making. That’s the key takeaway from the European Insurance and Occupational Pensions Authority (EIOPA)’s latest Monitoring Exercise on the Use of Climate Change Scenarios in the ORSA, published alongside a public statement this week.

France’s financial watchdog and its anti-corruption agency are sounding the alarm over organized criminal networks that are targeting professionals with access to inside information, and they’re getting better at it.

When things are going well—when markets are humming, innovation is booming, and everyone feels flush—it’s tempting to believe the system is safer than it actually is. That’s exactly the moment risk professionals should be most concerned.

What was once dubbed the “tragedy of the horizon” has now become a clear and present danger. That’s the message from two recent ECB blog posts detailing the urgent economic and financial risks posed by climate change—not just in the long term, but over the next five years. Together, the entries highlight both the growing sophistication of climate risk modeling and the ECB’s sharpened supervisory expectations for banks across the euro area.

With the Digital Operational Resilience Act (DORA) shifting from concept to implementation, Europe’s financial watchdogs have laid out how they plan to keep a close eye on the tech providers underpinning the financial system. The European Supervisory Authorities recently published a guide on how they will oversee critical ICT third-party service providers (CTPPs) under DORA. While the guide doesn’t carry legal force, it offers much-needed clarity for financial entities, regulators, and ICT providers bracing for a new era of operational scrutiny.

Unveiling The Monetary Authority of Singapore's (MAS) Annual Report for Financial Year 2024/2025, Managing Director Chia Der Jiun struck a confident tone in the strength of Singapore’s financial system, but clear-eyed about the geopolitical, technological, and economic risks that could reshape the landscape in the years ahead.

The French financial markets regulator, the Autorité des Marchés Financiers (AMF), has published its 2025 Markets and Risk Outlook, painting a picture of resilience tempered by deepening volatility, persistent geopolitical tensions, and growing operational and cyber threats.