• assessing how climate-related risks relate to their mandates and objectives, including for financial stability and financial inclusion • discussing climate-related risks with financial institutions and other stakeholders
Toronto Centre was founded Durante response to concerns that financial crises resulted, Durante part, from weak financial sector supervision and with an understanding of get more info the significant contribution that strong supervision can make to financial stability and economic development.
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 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.
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 Durante our latest newsletter:
This TC Note and podcast brings together principles and practices related to financial sector oversight that are relevant to financial inclusion, including proportionate regulation, risk-based supervision, and consumer empowerment. They emphasize the need to understand and manage linkages and trade-offs between different policy areas, and cover some diretto incrociato-cutting issues that supervisors are facing, such as new innovations and sources of competition, gender disparities Per financial inclusion, and the role of financial inclusion Per crisis responses.
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 cross-border supervision of the adequacy of capital and liquidity.
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.
Police have charged a 54-year-old Toronto man after an investigation into a jailhouse homicide Per mezzo di Etobicoke.
The CFS will build the Cuore supervisory, crisis preparedness and guida skills candidates require to support their agencies Sopra the ever-changing financial services industry.
John, thank you so much for joining us today to talk about these very insightful and compelling reports.
Introduction[1] This note provides basic guidance for senior managers of supervisory agencies Sopra making contingency plans to deal with banking or financial system distre Read More Risk-based Supervision
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.
Ceremonies, events and protests are being held across copyright today to mark the anniversary of a Hamas attack on Israel that triggered the ongoing war Per mezzo di Gaza. The Oct. 7, 2023 attack killed more than...