International trade deals are fraught with risks such as currency shifts, accidental breach of sanctions, bank failure, economic collapse, or a counterparty’s failure to pay or to ship goods.
Whatever your business, you need a risk policy
Risks are part of the natural trade landscape, and to some extent they must be expected and endured. But that does not mean they should be ignored at the strategy and planning levels. In fact, we actively recommend every organisation makes risk a part of regular strategic discussions, and look at how they can be avoided, mitigated or even prevented.
Read our full article on how to develop a comprehensive risk policy on Insights >>