Disruptions to businesses and their supply-chains, triggered by the Covid pandemic and now geopolitics, have placed a premium on firms’ ability to achieve and demonstrate ‘resiliency.’ This includes the resiliency that is contingent upon firm culture and human capital management, for which new formal disclosure requirements are being established.
Compendium
Jun 23, 2025Risk aversion stifles innovation. Embracing smart risk-taking, inclusive tech, and flexible governance is key to reversing institutional and economic stagnation. Dante Desparte of Circle urges a shift to principle-based innovation, emphasizing the societal cost of inaction. Trust, conduct risk, and resilience are central to realizing technology's potential for transformative impact in a rapidly evolving global economy.
Observations
Apr 04, 2025In a recent article, credit rating agency Morningstar DBRS discusses the increasing threat of operational risk to Canadian financial institutions.