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:

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 in 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 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.

Promote sound and inclusive financial systems that will foster sustainable economic growth, reduce poverty, and benefit women and children

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.

This TC Note and accompanying podcast address the website 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 cross-border refugee population standing at 36.4 million Durante 2023. The continuing traversone-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.

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 diretto incrociato-border supervision of the adequacy of capital and liquidity.

This was the second webinar of the series on the revised Cuore Principles for effective banking supervision.Advances Durante digitalization and financial technology continue to affect the landscape of the financial system, including the provision of banking services.The Cuore 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.

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 mezzo di the updated Cuore Principles and highlight why both banks and supervisors should adopt flexible practices to address the evolving nature of climate risks.

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 Cuore Principles make clear that the assessment of business model sustainability is a key component of effective supervision.

Stable economies create an environment for economic growth and job creation, while increased accessibility to financial services is an effective means to breaking the cycle of poverty.

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.