Category:

Risk Management

UK proposes requiring businesses to disclose climate risks by 2022

Under the TCFD’s(Task Force on Climate-related Financial Disclosure ) recommendations, companies are urged to disclose the actual and potential impacts of climate change on their business, as well as explain how they identify and manage such risks and opportunities.A move to make such disclosure mandatory in Britain is seen as a big step towards a new set of global standards.The ministry said it was backing a move by the IFRS Foundation, which writes global accounting rules, to develop international sustainability-related reporting standards.

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Sebi tightens rules for exchange disruptions

SEBI also said on Monday it had asked the NSE to identify those responsible for the failure within 21 days and to determine why it did not move to a backup swifter.

Brokers and traders criticised the NSE sharply for not communicating well enough during last month’s outage, which they said caused losses for some investors.

The outage was the second major one for the NSE in recent years after a five-hour shutdown in 2017 due to a software problem.

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89 deaths reported following COVID vaccination till March 16, but none attributed to vaccine: Govt

Adequate measures have been put in place to manage AEFI cases like availability of anaphylaxis kits at each vaccination site, immediate referral to adverse events following immunization (AEFI) management centre and observation of vaccine recipients for 30 minutes at session site so as to take timely corrective measure.

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