Toronto Centre was founded Per mezzo di response to concerns that financial crises resulted, in 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.

The worldwide total of forcibly displaced persons (FDPs) reached 110 million Sopra 2022, with the cross-border refugee population standing at 36.4 million Durante 2023. The continuing cross-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 due diligence requirements under AML/CFT legislation.

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.

As we embrace AI's immense potential, it is crucial to address ethical considerations, giorno 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:

Thank you to all the participants, program leaders, and staff at FSC Jamaica for making these programs successful. We look forward to continued collaboration.

Over time, the number and types of programs we https://www.torontocentre.org/ deliver each year have grown, allowing us to reach more regulators and supervisors around the world and increasing our impact.

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.

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 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.

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.

Please be advised, Toronto Centre's website is being updated and will be temporarily offline. Thank you for your patience.

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 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.