Commonwealth Bank of Australia

1. Increased Regulatory Risk: as a large financial institution operating in Australia, Commonwealth Bank of Australia is subject to increased regulation from local and international bodies. This can create a challenging and ever-changing regulatory environment, which can involve the risk of fines and other financial penalties for non-compliance.

2. Cybersecurity Risk: the financial services industry is increasingly targeted by malicious actors aiming to steal financial information or disrupt operations. As a large financial institution, Commonwealth Bank of Australia is often a primary target for these kind of attacks, and the bank must remain diligent with its security measures to protect itself from potential cybercrimes.

3. Market Risk: as a publicly traded company, Commonwealth Bank of Australia is subject to fluctuations in the stock market. This can lead to increased volatility in the company's share price, as well as a higher risk of losses due to unexpected declines in value.

4. Interest Rate Risk: When interest rates change, the value of investments held in Commonwealth Bank of Australia's portfolios can be affected. This means that the bank could be exposed to losses if its investments or loans are worth less than what they initially were due to changes in interest rates.