I https://www.torontocentre.org/ Diaries
I https://www.torontocentre.org/ Diaries
Blog Article
Toronto Centre was founded in response to concerns that financial crises resulted, Con part, from weak financial sector supervision and with an understanding of the significant contribution that strong supervision can make to financial stability and economic development.
Toronto Centre 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 website Financial Crisis, when strong regulatory procedures and practices were found to be lacking in 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 Sopra emerging markets and low income countries.
Toronto Centre congratulates our funder Sida on the launch of their new organization. Named “One Sida,” it was designed to implement the Government's strategic steering Per mezzo di a changing world. Read the below post to learn more about this new organisation for more effective aid.
Cross-border supervision is one of the more challenging supervisory priorities. It adds layers of complexity, new stakeholders, and potential challenges to effective supervision. This TC Note and accompanying podcast discus the implications for home and host financial supervisors of cross-border supervision of the adequacy of capital and liquidity.
We have earned an international reputation for excellence Per delivering capacity-building programs to financial sector regulators and supervisors.
This was the fifth webinar of the series on the revised Cuore Principles for effective banking supervision. The panel discussed the inclusion of climate risk Per the updated Core Principles and highlight why both banks and supervisors should adopt flexible practices to address the evolving nature of climate risks.
Promote sound and inclusive financial systems that will foster sustainable economic growth, reduce poverty, and benefit women and children
Increase supervisors’ and regulators’ knowledge and skills to implement sound practices across all sectors
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 Sopra 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.
This was the second webinar of the series on the revised Cuore Principles for effective banking supervision.Advances Con digitalization and financial technology continue to affect the landscape of the financial system, including the provision of banking services.The Core 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.
We also concluded the popular webinar series on the Cuore Principles for effective banking supervision, discussing risk management and business model sustainability, operational resilience and proportionality, and climate-related financial risks. More Per mezzo di our latest newsletter:
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Financial crime is a significant threat to the safety and security of citizens and to the integrity of individual countries and the global financial system. While the proliferation of digital technologies presents many opportunities for financial systems, it also has introduced a new age of financial crime. For instance, copyright assets are a currency of choice among criminals.The panel discussed:* The importance of global implementation of FATF’s standards to ensure responsible financial sector growth* Using the latest data technologies to combat financial crime* How financial supervisors can better detect criminal activity and enhance know-your-customer protocols* How policymakers and supervisors can advance global coordination to combat financial crimeOpening Remarks:Ian Gorst, Minister of External Affairs, Government of JerseyPanelists:Abdul Rasheed Ghaffour, Governor, Bank Negara MalaysiaT.
This was the fourth webinar of the series on the revised Core Principles for effective banking supervision.The revised Cuore Principle 25 emphasizes banks’ capacity to handle severe operational risks, including pandemics, cyber threats, and natural disasters. Additionally, the revisions introduce a proportionality approach, aligning regulatory rules and supervisory practices with each bank's systemic importance and risk profile. This ensures that standards are scaled appropriately, from large international institutions to smaller deposit-taking banks, without compromising regulatory strength.
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