Insights

Among the many challenges facing risk managers in what has become the new normal is how to effectively manage cross-border risk, which is more important today than in recent memory. Whether we realize it or not, the rules of engagement for conducting international business have changed over the past three years — the risks associated with cross-border transactions are high and risk aversion is high, but the margin for error is low. This means that risk managers’ jobs have become more difficult.

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