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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:

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 Durante 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 in 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.

Thank you to all the participants, program leaders, and staff at FSC Jamaica for making these programs successful. We look forward to continued collaboration.

This was the fourth webinar of the series on the revised Cuore Principles for effective banking supervision.The revised Core 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 click here 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.

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

The worldwide total of forcibly displaced persons (FDPs) reached 110 million Con 2022, with the diretto incrociato-border refugee population standing at 36.4 million Con 2023. The continuing cross-border refugee crisis caused by global conflict has created great vulnerabilities for FDPs. This TC Note and accompanying podcast discuss the expansion of access to finance for FDPs and the unique challenges it presents for financial regulators and supervisors, such as the need to comply with customer paio diligence requirements under AML/CFT legislation.

Please be advised, Toronto Centre's website is being updated and will be temporarily offline. Thank you for your patience.

This was the second webinar of the series on the revised Cuore Principles for effective banking supervision.Advances Per mezzo di 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.

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 Financial Crisis, when strong regulatory procedures and practices were found to be lacking Per mezzo di 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 Durante emerging markets and low income countries.

This was the third webinar of the series on the revised Core 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.

About us Established Con 1998 in the aftermath of the Asian financial crisis, the Toronto Centre is an independent né-profit organization founded by the Government of copyright, the World Bank, and the Schulich School of Business. Our mission is to provide high-quality capacity building programs for financial supervisors and regulators, and touches directly and indirectly on 11 out of 17 UN 2030 Sustainable Development Goals. Our highly interactive training programs help officials develop the financial sector supervisory knowledge and guida skills they need to better deal with crisis situations and promote change that will lead to more efficient, stable and inclusive financial systems that enable poverty reduction.

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.

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