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Operational risk in dangerous regions

As the Arab Spring last year made all too evident, regions that companies and banks think they have a handle on might suddenly turn into hotspots of unrest. ORR looks at risks to consider when establishing operations in dangerous areas

World map under radar

As the 2011 Libyan civil war gathered pace, companies in the UK were desperate to know where their staff and their families on the ground were, to ensure their safety. But the task wasn’t easy – the government had closed down much of the local telecommunications system to keep it out of reach of protesters, and the companies lacked independent communications. In at least one case, company

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Emerging trends in op risk

Karen Man, partner and member of the global financial institutions leadership team at Baker McKenzie, discusses emerging op risks in the wake of the Covid‑19 pandemic, a rise in cyber attacks, concerns around conduct and culture, and the complexities of…

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