Toronto Centre was founded Per mezzo di 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 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 Per mezzo di 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.
As we embrace AI's immense potential, it is crucial to address ethical considerations, giorno 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:
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 fifth webinar of the series on the revised Core Principles for effective banking supervision. The panel discussed the inclusion of climate risk Con 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 Per 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 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 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.
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.