"This Article is the first to examine and compare a number of recently proposed and enacted AI risk regulation regimes. It asks whether risk regulation is, in fact, the right approach."
"We document the impact of having a risk committee (RC) and a chief risk officer (CRO) on bank risk using the passage of the Dodd Frank Act as a natural experiment... Overall, we find no evidence that the RC or CRO have a causal impact on bank risk."
"Social engineering is a very common type of malicious activity conducted on cyberspace that targets both individuals and companies in order to gain access to information or systems. It is part of the broader domain of cybersecurity and the first step to mitigate this type of attack is to know its attack vectors. This way, the risk of becoming a victim of this type of attack can be reduced by technical means, proper security culture and procedural solutions..."
"We conclude that users of the Scope 3 emission datasets should consider data source, quality and prediction errors when using data from third party providers in their risk analyses."
"This paper introduces and fully characterizes the novel class of quasi-logconvex measures of risk, to stand on equal footing with the rich class of quasi-convex measures of risk."
"Four axioms natural in such a framework -- actuarial fairness, risk fairness, risk anonymity, and operational anonymity -- are put forward and discussed."
"Companies and law firms must have adequate insurance coverage to fill gaps and to meet company insurance objectives."
"There is currently limited information on and a lack of a unified approach to AI and ESG, and a need for tools for systematically assessing and disclosing the ESG related impacts of AI and data capabilities. I here propose the AI ESG protocol, which is a flexible high-level tool for evaluating and disclosing such impacts..."
"Organizations closest to full adoption are those under the prudential regulation (coercive forces), whereas efficiency motives and mimetic forces drive organizations to seek fluidity by ‘blending’ the segregated lines to ensure fast reactions to changing environment."
"... ESG ratings providers have come under scrutiny over concerns of the reliability of their assessments."