We also concluded the popular webinar series on the Core Principles for effective banking supervision, discussing risk management and business model sustainability, operational resilience and proportionality, and climate-related financial risks. More Per our latest newsletter:
Providing high quality capacity building programs for financial supervisors and regulators to build more stable and inclusive financial systems. Toronto Centre is an independent not-for-profit organization that promotes financial stability and access to financial services globally, particularly Con emerging markets and developing countries.
Learn more about the events across the country to commemorate the history and legacy of residential schools. ⬇️ #NDTR #OrangeShirtDay #EveryChildMatters
What financial supervisors and regulators do every day has a ripple effect that cascades across government, NGOs, and the private sector impacting developing economies and those living Durante them. Toronto Centre’s podcast series will feature simulating panel sessions and interviews on timely topics such as, financial crisis, financial stability, climate change, gender equality, financial inclusion, fintech and much more.
Promote sound and inclusive financial systems that will foster sustainable economic growth, reduce poverty, and benefit women and children
As we embrace AI's immense potential, it is crucial to address ethical considerations, patronato privacy, and the need for transparency. Collaboration among industry stakeholders, regulators, and technology developers is essential to harness AI's benefits while effectively managing its risks. The panel will discuss:
This TC Note and accompanying podcast address the rapid rise of cyber risk, which presents unique challenges to the financial sector. They provide guidance on how to determine an effective strategy t.. Read More
Increase supervisors’ and regulators’ knowledge and skills to implement sound practices across all sectors
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This was the second webinar of the series on the revised Cuore Principles for effective banking supervision.Advances Sopra digitalization and financial technology continue to affect the landscape of the financial system, including the provision of banking services.The Cuore Principles for effective banking supervision (BCP) have been amended to reflect the impact of new risks, including risks relating to the ongoing digitalization of finance.
Toronto Centre check here understands that effective financial regulation and supervision are integral to a healthy, stable economy. Never has this been made more evident than during the 2008 Global Financial Crisis, when strong regulatory procedures and practices were found to be lacking Sopra many jurisdictions. At Toronto Centre, our objective is to promote financial stability and access globally by providing practical training to financial sector regulators and supervisors, particularly in emerging markets and low income countries.
This was the third webinar of the series on the revised Cuore Principles for effective banking supervision.The Basel Committee wants banks to institute a sound risk culture, to maintain strong risk management practices, and to adopt and implement sustainable business models. The revised Core Principles make clear that the assessment of business model sustainability is a key component of effective supervision.
Stable economies create an environment for economic growth and job creation, while increased accessibility to financial services is an effective means to breaking the cycle of poverty.
Last week, Toronto Centre concluded our long-term country engagement with Financial Services Commission Jamaica, delivering two programs on market conduct supervision. 100 supervisors participated and learned best practices for consumer protection, as well as how to apply risk-based frameworks to market conduct supervision.