https://www.torontocentre.org/ - Una panoramica
https://www.torontocentre.org/ - Una panoramica
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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.
Of course. Financial regulators and supervisors play a key role Sopra the expansion of inclusive practices by banks, especially since in a lot of cases they set the tone for how banks act. That's why we believe that it's important that regulators and supervisors advocate for the inclusion of LGBTI people and persons with disabilities. And so to that end, both of our reports end with a call to action, if you will.
Ms. Surman said that she needs investment from the community because she can’t turn to her members to fill the gaps.
The worldwide total of forcibly displaced persons (FDPs) reached 110 million Sopra 2022, with the cross-border refugee population standing at 36.4 million Per 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 here the need to comply with customer coppia diligence requirements under AML/CFT legislation.
Thanks John. For the benefit of our audience today, could you please explain a few of the terms and definitions used Con the IFC research? John Arzinos: While there's no universally accepted definition of disability, according to the United Nations, and I'm quoting, "Persons with disabilities include those who have-long term physical, mental, intellectual, or sensory impairments, which, Per interaction with various barriers, may hinder their full and effective participation in society on an equal basis with others."
One starting point is to consider the mandates of supervisory authorities and central banks, some of which are much broader than others. Some authorities have interpreted their mandates – especially where these cover financial stability, the safety and soundness of financial institutions, and efficient market functioning – to allow a growing focus on the transformation of economies to carbon neutrality or other net zero targets. The Bank of England is a leading example of this, becoming increasingly involved Durante many aspects of this transformation and the role of the financial sector.
17. If I leave the supervisory and regulatory profession before completing the designation, can I continue Sopra the program?
We are mindful that much work remains Per 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 Sopra economic inclusion and the reports themselves by visiting the links shared Durante the podcast notes.
For the financial sector, the cost of inclusion gaps may be especially high. Banks that lag behind their competitors Durante respect to diversity, equity, and inclusion practices will find it more difficult to attract and retain apice talent and customers, break into new markets, innovate, and build a good reputation among prospective and existing employees, customers, business partners, and stakeholders.
This has included growing pressure on companies, including financial institutions, to target and measure, with precise milestones, their own progress towards consistency with a net zero outcome. The European Union may be heading towards something similar. A different mandate challenge arises Per countries that are severely affected by climate change – such as economies with large agricultural sectors – but do not contribute significantly to global emissions. Economic, financial, and price stability are major issues for these countries, but it is less clear what steps they can take to reduce or mitigate the climate-related risks they face.
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.
This was the second webinar of the series on the revised Cuore Principles for effective banking supervision. Advances Sopra digitalization and financial technology continue to affect the landscape of the.. Read More
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 Durante their home agencies.
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 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.
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