Participants also discussed the role of supervisory authorities and central banks Per mezzo di facilitating, encouraging, incentivizing, and supervising a swift and ambitious green transformation.
We have earned an international reputation for excellence Durante delivering capacity-building programs to financial sector regulators and supervisors.
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.
CSI offers private offices, dedicated desks and access to lounge and co-working spaces to more than 6,000 members across various fields, from climate management to food security. Per mezzo di addition, it connects members with networking opportunities and promotes their work.
About us Established Per mezzo di 1998 Per the aftermath of the Asian financial crisis, the Toronto Centre is an independent né-profit organization founded by the Government of copyright, the World Bank, and the Schulich School of Business. Our mission is to provide high-quality capacity building programs for financial supervisors and regulators, and touches directly and indirectly on 11 out of 17 UN 2030 Sustainable Development Goals. Our highly interactive training programs help officials develop the financial sector supervisory knowledge and egemonia skills they need to better deal with crisis situations and promote change that will lead to more efficient, stable and inclusive financial systems that enable poverty reduction.
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 Con emerging markets and developing countries.
This was the second webinar of the series on the revised Core Principles for effective banking supervision.Advances Sopra 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.
We are mindful that much work remains Per mezzo di promoting the financial and economic inclusion of all people, and it's instructive to see how commercial practices are rising to the business opportunities Per mezzo di local markets that meet the needs of all. So thank you again for this conversation. You can read more about IFC's work Per economic inclusion and the reports themselves by visiting the links shared Sopra the podcast notes.
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 was the fourth webinar of the series on the revised Cuore Principles for effective banking supervision.The revised Core Principle 25 emphasizes banks’ capacity to handle severe operational risks, including read more 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 was the second webinar of the series on the revised Core Principles for effective banking supervision.Advances Sopra digitalization and financial technology continue to affect the landscape of the financial system, including the provision of banking services.The Core 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.
Participants noted the progress being made on data, climate scenarios, and green transformation. Even small steps and small successes could be built upon and provide the foundation for more substantial progress. However, more work is required Per all these areas, not least in finding more global solutions to the global problem of climate change and climate-related risks. Participants also noted the growing roles and influence of supervisory authorities and central banks Durante climate discussions. Durante part, this reflects the importance of the financial sector.
And to conclude our Toronto Centre podcast today, we are reminded that the work of financial regulators and supervisors continues to evolve Per mezzo di our rapidly changing world. Our current context and challenges are not insignificant. However, addressing financial inclusion gaps, financial stability challenges, and economic inclusion are not mutually exclusive issues. Let's carry on with the work. Thank you for joining us today.
• 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