Category: Operational Risk

Our media centre contains press releases and information from ORX for journalists, regulators and operational risk commentators. It includes our latest research, industry statements, and information on our operational risk experts. We’re happy to provide comments for articles or for you to use ORX information, data, charts and infographics in your articles and reports. We kindly ask that you always reference ORX and hyperlink to our...

WASHINGTON, November 24, 2020—Gender-based Violence (GBV) is an urgent global issue that affects 1 in 3 women in their lifetime. GBV devastates the life and well-being of its survivors and imposes high social and economic costs that undermine development and exacerbate poverty. The Bank is committed to fighting gender-based violence in all its forms and has zero tolerance for its...

VANCOUVER, British Columbia, Sept. 28, 2020 (GLOBE NEWSWIRE) — Rio2 Limited (“Rio2” or “the Company”) (TSXV: RIO; OTCQX: RIOFF; BVL: RIO) today announces that it has taken another key step towards the development of its Fenix Gold Project (“the Project”) located in Chile by selecting the following lead contractors: Process plant / site infrastructure construction contractor – HLC Ingeniería y...

This feature is part of a series that takes an in-depth look at risk in construction. To view other posts in the series, check out the spotlight page[1]. Construction companies are three times more likely to fail in an economic recovery than in a downturn, according to Ryan Howsam, a principal at FMI Corp., so managing risk is one of the most...