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Covid, Cyber, Compliance and ESG top risk concerns for financial services sector: Allianz

“The financial services sector faces a period of heightened risks. Covid-19 has caused one of the largest ever shocks to the global economy, triggering unprecedented economic and fiscal stimulus and record levels of government debt,” says Paul Schiavone, Global Industry Solutions Director Financial Services at AGCS. “Despite an improved economic outlook, considerable uncertainty remains. The threat of economic and market volatility still lies ahead while the sector is also increasingly needing to focus on so-called ‘non-financial’ risks such as cyber resilience, management of third parties and supply chains, as well as the impact of climate change and other Environmental Social and Governance (ESG) trends.”

Be prepared for third Covid wave, have buffer stock of oxygen: SC to Centre

A bench of Justices D Y Chandrachud and M R Shah said: We need to prepare for the third surge of COVID-19 which may have altogether different parameters. We have to be ready for that. We have been reading that some experts have said that the third surge will be more harmful especially to children.

“We understand children are more resilient as compared to elders but we have to also consider that they themselves will not go to hospitals and their parents will have to take them making them vulnerable.

73-yr-old Australian stuck in Bengaluru sues Morrison govt for ban on flights from India

The lawyers of Gary Newman, who is stranded in Bengaluru since March last year, have argued in the federal court in Sydney that the ban was “unconstitutional”.
The application firstly said that the Commonwealth was acting outside its powers and secondly, Health Minister Greg Hunt’s declaration was in breach of an implied freedom to return home,

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