Toronto Centre was founded Per mezzo di response to concerns that financial crises resulted, Durante 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 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, 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 Sopra delivering capacity-building programs to financial sector regulators and supervisors.
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 Sopra the updated Cuore 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
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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 Durante emerging markets and developing countries.
This was the second webinar of the series on the revised Core Principles for effective banking supervision.Advances Per 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.
Toronto Centre’s training programs are highly interactive and practical because we believe this is the best way for our participants to learn and develop the skills that allow them to make meaningful change Sopra their home agencies.
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 here 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 data 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.