Toronto Centre was founded Per response to concerns that financial crises resulted, in 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.
The worldwide total of forcibly displaced persons (FDPs) reached 110 million Per 2022, with the diretto incrociato-border refugee population standing at 36.4 million Durante 2023. The continuing diretto incrociato-border refugee crisis caused by global conflict has created great vulnerabilities for FDPs. This TC website 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 due diligence requirements under AML/CFT legislation.
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 Con a changing world. Read the below post to learn more about this new organisation for more effective aid.
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:
We have earned an international reputation for excellence in delivering capacity-building programs to financial sector regulators and supervisors.
Over time, the number and types of programs we deliver each year have grown, allowing us to reach more regulators and supervisors around the world and increasing our impact.
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 Per mezzo di 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.
Ett Sida: Sida lanserar ny organisation för effektivare bistånd Nu träder Sidas nya organisation i kraft - Ett Sida - för att omhänderta regeringens styrning och en föränderlig omvärld. Med enhetliga arbetssätt och system och ett ökat geografiskt fokus ska den nya organisationen skapa så mycket nytta som möjligt för människor som lever i fattigdom och förtryck.
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 Sopra our latest newsletter:
Learn more about the events across the country to commemorate the history and legacy of residential schools. ⬇️ #NDTR #OrangeShirtDay #EveryChildMatters
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 giorno 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 Cuore 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.