Managing business risk is not easy. Organizations today are exposed to business, cyber and ESG risks that are so highly interconnected and interdependent that they are impossible to understand and manage in isolation.
The intersecting nature of risks creates a domino effect that can trigger unforeseen consequences, with a ripple that may not always be obvious or direct. For example, geopolitical risks are disrupting the supply chains resulting in delays, higher costs, reputational damage and increased cyber risks.
India's corporate regulatory regime changes rapidly to increase transparency, attract inbound investments, and protect stakeholder interest. Regulatory authorities, such as the Securities and Exchange Board of India (SEBI), the Ministry of Corporate Affairs (MCA), and the Reserve Bank of India (RBI), actively revamp regulations to achieve these goals.
