Toronto Centre was founded Durante 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 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 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.
diretto incrociato-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 traversone-border supervision of the adequacy of capital and liquidity.
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
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 Per mezzo di emerging markets and developing countries.
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 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 patronato 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 click here 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.