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 in emerging markets and developing countries.
www.torontocentre.org
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.
Cyber and Operational Risk in the Quantum Era: Financial Stability amid Escalating Geopolitical Conflict
This panel took place at the 2026 International Monetary Fund and World Bank Group Spring Meetings.
Financial stability is under fire as geopolitics and cyber risk collide. As global tensions intensify and technological capabilities accelerate, financial institutions face a rapidly evolving threat landscape where cyber operations, financial crime, and state-sponsored actors are increasingly intertwined. From ransomware campaigns and sanctions evasion to sophisticated cyber intrusions targeting critical infrastructure, adversaries are exploiting digital systems and global financial networks in new and complex ways.
As these threats continue to evolve, the quantum horizon introduces an additional layer of strategic risk. This executive panel will examine how advances in quantum computing could reshape cyber and operational risk across the financial sector, while also considering the growing convergence between cyber-enabled crime, ransomware payments, sanctions evasion, and global illicit finance networks. Leaders from policy, finance, and technology will explore the implications of quantum-enabled decryption, the expanding links between cyber threats and illicit finance, and the operational vulnerabilities that could undermine confidence in critical financial infrastructure.
The discussion focused on how institutions and regulators can strengthen resilience, enhance cross-border coordination, and prepare for a future in which emerging technologies, cyber conflict, ransomware, and financial crime increasingly intersect. The panel explored what these developments mean for international efforts to combat cyber-enabled financial crime and how global standards bodies, national authorities, and financial institutions can strengthen cooperation to protect the integrity and resilience of the international financial system.
Opening Remarks:
Cindy Termorshuizen, Deputy Minister of International Development, Government of Canada
Panelists:
Giles Thomson, Director, Economic Crime and Sanctions, His Majesty's Treasury; Incoming President, FATF
Stefan Ingves, Chair, Toronto Centre; Former Governor, Sveriges Riksbank
Michele Mosca, Professor, Institute for Quantum Computing, University of Waterloo
Moderator:
Jennifer Elliott, Assistant Director, Monetary and Capital Markets, IMF; Board Member, Toronto Centre
Watch the executive panel session here.
Read the transcript here.
Read their biographies here.
This podcast explores why financial literacy matters, its impact on financial stability and inclusion, and what can be done to improve it at all levels, from individuals to policymakers and supervisors.
The speakers discuss how tailored literacy initiatives can help to bridge socio-economic gaps and will lead to people making better financial decisions. They explore how to assess the impact of the initiatives and the importance of updating them to keep pace with technological change.
Speaker:
Pedro Duarte Neves, Advisor, Board of Directors, Banco de Portugal
Host:
Demet Çanakçı, Senior Program Director, Toronto Centre
Read the transcript here. Read their biographies here.
The views expressed in the podcast are those of Pedro Duarte Neves and do not necessarily reflect those of Banco de Portugal or the Eurosystem.
Toronto Centre and CARE Canada co-hosted a virtual panel session to mark Canada's International Development Week.
Closing the financial inclusion gender gap is essential for sustainable economic growth and stability. It empowers women socially and economically while strengthening financial systems. Safeguarding and accelerating the progress made over the past 15 years is critical to ensuring continued advancement.
The panel explored strategies to drive women’s financial inclusion, focusing on policy innovations, digital financial services, savings and loan groups, and public-private partnerships. Panelists also discussed how evolving financial ecosystems can support women entrepreneurs, expand access to credit, and promote lasting economic participation.
Panelists:
May Abulnaga, First Sub-Governor, Central Bank of Egypt; New Chair,
Gender Inclusive Finance Committee, Alliance for Financial Inclusion (AFI)
Sophie Sirtaine, CEO, Consultative Group to Assist the Poor (CGAP)
Claudine Mensah Awute, Vice President, International Programs and Operations, CARE
Moderator:
Babak Abbaszadeh, President and CEO, Toronto Centre
Watch the webinar here.
Read the transcript here.
Read their biographies here.
Écoutez le podcast en français ici.
Escuche el podcast en español aqui.
This podcast highlights the benefits and challenges of using artificial intelligence (AI) in prudential supervision.
The speakers discuss how AI can be used as a supervisory tool to improve fraud detection and risk monitoring, as well as supervising industry use. They also explore the importance of human oversight to ensure fairness in decision making, and the need for ongoing cooperation and flexibility while learning more about AI’s potential.
Speakers:
Manoj Singh, Deputy General Manager, Central Quality Assurance, Reserve Bank of India
Kangyu Wang, PhD Candidate, Department of Philosophy, Logic & Scientific Method, London School of Economics
Host:
Wynnell De Landro-Robinson, Program Director, Toronto Centre
Read the transcript here. Read their biographies here.
There is an increasing focus on the role of financial institutions in contributing to climate-related change as a result of their financing of the activities of customers and counterparties. A key element in financial institutions’ efforts to limit their contributions to climate-related change is the development of transition plans.
This Toronto Centre Note and accompanying podcast focuses on two types of transition plans: those focused primarily on strengthening financial institutions’ own internal risk management in the face of climate-related change, and those aimed at reducing institutions’ own contributions to such change.
Speaker:
Paul Wright, Program Leader, Toronto Centre
Host:
Demet Çanakçı, Senior Program Director, Toronto Centre
Read the transcript here. Read their biographies here.
Financial institutions fail for many reasons. These failures are often the symptom or consequence of one or more underlying root causes. In some financial institutions, business model weaknesses may be combined with weak corporate governance and poor risk management.
This TC Note and accompanying podcast discusses ways in which supervisors can assess the business models of financial institutions, and can intervene to reduce or mitigate the risks inherent in a flawed business model.
This should help supervisory authorities to consider how to incorporate business model analysis within their supervisory frameworks, and how to engage with the boards and senior management of financial institutions on this topic.
Speaker:
Clive Briault, Chair, Banking Advisory Board, Toronto Centre
Host:
Demet Çanakçı, Senior Program Director, Toronto Centre
Read the transcript here. Read their biographies here.
https://torontocentre.org/
This panel took place at the 2024 International Monetary Fund and World Bank Group Annual Meetings.
In today's fast-changing financial landscape, artificial intelligence (AI) is at the forefront of transformation, reshaping how markets operate and how they are regulated. As we embrace AI's immense potential, it is crucial to address ethical considerations, data 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 discussed:
How AI is driving innovation, enhancing decision-making, and improving operational efficiency
Predictive analytics capabilities that enable better risk assessment and mitigation
Revolutionary advancements in financial supervision, such as AI-powered monitoring and compliance tools
Rapid technological changes and ensuring that regulatory frameworks keep pace
Opening Remarks:
The Honourable Ahmed Hussen, Minister of International Development, Government of Canada
Panelists:
The Honourable John Rwangombwa, Governor, National Bank of Rwanda
Fundi Tshazibana, Deputy Governor and CEO: Prudential Authority, South African Reserve Bank; Vice-Chair, Network for Greening the Financial System
Stefan Ingves, Chair, Toronto Centre; Former Governor, Sveriges Riksbank
Moderator:
Jennifer Elliott, Assistant Director, Monetary and Capital Markets Department, International Monetary Fund; Board Member, Toronto Centre
https://torontocentre.org/
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 in the updated Core Principles and highlight why both banks and supervisors should adopt flexible practices to address the evolving nature of climate risks.
Panelists:
Elsie Addo Awadzi, Deputy Governor, Bank of Ghana; Board Member, Toronto Centre
Shahin Mahmudzade, Executive Director, Central Bank of the Republic of Azerbaijan
Moderator:
Jean Pesme, Global Director, Finance, Competitiveness & Innovation, World Bank; Board Member, Toronto Centre
View their biographies here.
https://www.torontocentre.org/
This was the fourth webinar of the series on the revised Core Principles for effective banking supervision.
The revised Core 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.
The panel discussed the importance of operational resilience for banks in a rapidly changing world, as well as the role of proportionality in effectively scaling standards for different banking sectors.
Panelists:
Chuchi G. Fonacier, Deputy Governor, Central Bank of Philippines
Jessica Chew, Deputy Governor, Bank Negara Malaysia
Moderator:
Bill Coen, Former Secretary General, Basel Committee on Banking Supervision; Board Member and Chair, Finance, Audit and Risk Committee, Toronto Centre
Read the transcript here. Read their biographies here.
https://www.torontocentre.org/
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 Core Principles make clear that the assessment of business model sustainability is a key component of effective supervision.
The panel discussed how supervisors can assess business models and determine if and how to appropriately intervene.
Speakers:
Elsie Addo Awadzi, Deputy Governor, Bank of Ghana; Board Member, Toronto Centre
William Burn, Managing Director, Supervision Methods, Standards and Controls, Office of the Superintendent of Financial Institutions, Canada
Moderator:
Clive Briault, Chair, Banking Advisory Board, Toronto Centre
Read the transcript here. Read their biographies here.
https://www.torontocentre.org/
This was the second webinar of the series on the revised Core Principles for effective banking supervision.
Advances in 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.
The panel discussed regulatory and supervisory implications of innovative technologies and their applications, as well as new competitors and business models.
Speakers:
Socorro Heysen, Superintendent, Banks, Insurance and Pension Fund Administrators, Peru; Board Member, Toronto Centre
Francesca Hopwood Road, Head, BIS Innovation Hub, London Centre
Moderator:
Jennifer Elliott, Advisor, Monetary and Capital Markets Department, IMF; Board Member, Toronto Centre
https://www.torontocentre.org/
This was the first webinar of the series on the revised Core Principles for effective banking supervision.
The post-Global Financial Crisis (GFC) period has seen banks continue to build their resilience to financial risks, underpinned by stronger regulatory and supervisory frameworks, including the Basel III standards. The Core Principles for effective banking supervision have been strengthened to reflect key elements of many of the post-GFC reforms introduced by the Basel Committee on Banking Supervision.
This panel focused on the experience with macroprudential regulation, supervision, and tools across jurisdictions.
Speakers:
Nathalie Aufauvre, Secretary General, L'Autorité de contrôle prudentiel et de résolution (ACPR), Banque de France
Bill Coen, Former Secretary General, Basel Committee on Banking Supervision; Board Member and Chair, Finance, Audit and Risk Committee, Toronto Centre
Moderator:
Babak Abbaszadeh, President and CEO, Toronto Centre
Read the transcript here. Read their biographies here.
https://www.torontocentre.org/
The worldwide total of forcibly displaced persons (FDPs) reached 110 million in 2022, with the cross-border refugee population standing at 36.4 million in 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.
They also outline actions that supervisors can take towards achieving financial inclusion for FDPs, including adopting risk-based approaches to customer identification requirements, implementing financial education programs, and encouraging the development of financial infrastructure in refugee centres.
Speaker:
Mercy Buku,Program Leader, Toronto Centre
Host:
Ruth Dueck-Mbeba,Financial Inclusion Advisor, Toronto Centre
Read the transcript here. Read their biographies here.
https://www.torontocentre.org/
Cross-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. They also consider the challenges of cross-border supervision and conglomerate supervision.
Speaker:
Brad Shinn,Program Leader, Toronto Centre
Host:
Arvind Baghel,Program Director, Toronto Centre
Read the transcript here. Read their biographies here.
https://www.torontocentre.org/
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, crypto assets are a currency of choice among criminals.
The panel discussed:
Opening Remarks:
Ian Gorst, Minister of External Affairs, Government of Jersey
Panelists:
Abdul Rasheed Ghaffour, Governor, Bank Negara Malaysia
T. Raja Kumar, President, Financial Action Task Force (FATF)
Cecilia Skingsley, Head, BIS Innovation Hub, Bank for International Settlements
Moderator:
Jennifer Elliott, Advisor, Monetary and Capital Markets Department, IMF; Board Member, Toronto Centre
Read their biographies here.
https://www.torontocentre.org/
The nature of retail conduct supervision, which can often be more prescriptive and rules based, can result in different approaches to intervention.
This TC Note and accompanying podcast discusses how supervisors should take a more proactive risk-based approach to dealing with potential areas of misconduct and apply the key principles of risk-based supervision to facilitate an earlier identification and remediation of issues.
Speaker:
Karen Badgerow,Program Leader, Toronto Centre
Host:
Chuin Hwei Ng,Senior Program Director, Toronto Centre
Read the transcript here. Read their biographies here.
https://www.torontocentre.org/
Stress testing should be a critical element of risk management for most financial institutions. It should alert boards and senior management to potential adverse outcomes related to a broad range of risks and vulnerabilities, identify potential losses, liquidity needs, and operational responses should adverse shocks occur. Supervisors should, in turn, have a strong interest in stress testing by financial institutions.
This TC Note and accompanying podcast discusses the need for financial institutions to conduct stress testing, what types of stress tests and scenario analyses are used, possible adverse outcomes, key areas in stress testing supervision, and the possible usages of the results by financial institutions.
Speaker:
Clive Briault,Chair, Banking Advisory Board, Toronto Centre
Host:
Demet Çanakçı,Senior Program Director, Toronto Centre
Read the transcript here. Read their biographies here.
https://www.torontocentre.org/
Supervisory stress testing is a technique used to assess the robustness of financial institutions and the broader financial system to severe but plausible shocks. Since the Global Financial Crisis of 2008, it has emerged as an important tool for supervisors that complements other approaches and methods.
Stress testing is one of the more complex tasks undertaken by supervisory authorities. Primarily used to inform solvency and liquidity adequacy assessments, it is also a critical method for exploring emerging risks and the threats they pose to financial institutions.
This TC Note and accompanying podcast discusses the design, effective use, limitations, and interpretation of stress tests by financial supervisors. It explores a range of stress tests, from elementary, top-down applications to more sophisticated tests using scenarios applied bottom-up to multiple financial institutions.
Speaker:
R. Barry Johnston,Program Leader, Toronto Centre
Host:
Demet Çanakçı,Senior Program Director, Toronto Centre
Read the transcript here. Read their biographies here.
https://www.torontocentre.org/
Liquidity is fundamental to the operation of financial institutions. Problems can quickly arise and escalate, threatening the stability of the financial system.
This TC Note and accompanying podcast focuses on good practices in liquidity management by financial institutions in the banking, insurance, pensions, and securities sectors. It provides guidance on how supervisors should assess liquidity management, including the use of scenario analysis and stress testing. Lessons learned from recent high-profile financial institution failures are explored.
Speaker:
Paul Wright,Program Leader, Toronto Centre
Host:
Chuin Hwei Ng,Senior Program Director, Toronto Centre
Read the transcript here. Read their biographies here.
https://www.torontocentre.org/
The world's most economically vulnerable populations are frequently impacted by natural catastrophes (NatCats).
The International Association of Insurance Supervisors' (IAIS) recent report, A call to action: the role of insurance supervisors in addressing natural catastrophe protection gaps, outlines actions insurance supervisors can take.
The speakers discuss key takeaways from the report including:
Read our Climate and Biodiversity Loss Risks Toolkit to learn more.
Speaker:
Jacqueline Friedland,Executive Director, Risk Assessment and Intervention Hub, Supervision Sector, Office of the Superintendent of Financial Institutions (OSFI), Vice Chair, Protection Gap Task Force, International Association of Insurance Supervisors (IAIS)
Host:
Anatol Monid,Senior Director, Programs, Toronto Centre
Read the transcript here. Read their biographies here.
https://www.torontocentre.org/
Experts from the development and financial supervision sectors discussed some of the challenges and solutions for farmers from emerging markets and developing economies in accessing finance to adapt to climate change.
Key takeaways from this insightful conversation include the need to:
Toronto Centre and MEDA co-hosted this event as part of Global Affairs Canada's 2024 International Development Week.
Panelists:
Tomás Soley, Superintendent, General Superintendence of Insurance of Costa Rica (SUGESE)
Nadia Guerch, Senior Regional Director for Latin America, Eastern Europe and Asia Pacific, MEDA
Omoneka Oyier, Director, Business Value Creation, MEDA
Moderator:
Carl Hiralal, Insurance and Pensions Advisory Board, Toronto Centre
Read the transcript here. Read their biographies here.
https://www.torontocentre.org/
The International Sustainability Standards Board (ISSB) has developed new standards for sustainability reporting and climate-related disclosure.
This new TC Note and accompanying podcast discuss the benefits, challenges, and actions needed for the standards to reach the goals they were set out to meet. They outline how the standards can help achieve the following key supervisory goals:
Speaker:
Alison Harwood, Program Leader, Toronto Centre
Host:
Eric Pezet, Program Director, Toronto Centre
Read the transcript here. Read their biographies here.
https://www.torontocentre.org/
In 2023, the Consultative Group to Assist the Poor (CGAP) released a technical guide on Digital Financial Services for Financial Inclusion: Tools for Supervisors.
This podcast highlights key takeaways from the guide, including:
Speakers:
Juan Carlos Izaguirre, Senior Financial Sector Specialist, CGAP
Mehmet Kerse, Senior Financial Sector Specialist, CGAP
Host:
Demet Çanakçı, Senior Program Director, Toronto Centre
Read the transcript here. Read their biographies here.
https://www.torontocentre.org/
https://www.cgap.org/
To achieve net-zero, every economic sector will need to decarbonize, and financial institutions need to fund activities supporting this transition. Financial institutions and their customers will need to develop credible transition plans.
The panel discussed:
Panelists:
Martin Moloney, Secretary General, International Organization of Securities Commissions
Irene Espinosa Cantellano, Deputy Governor, Banco de México
Michael Jantzi, Board Member, International Sustainability Standards Board
Thomas Beretti, Senior Advisor to the NGFS Secretariat; Head of Division, Climate Change Centre, Banque de France
Moderator:
Babak Abbaszadeh, President and CEO, Toronto Centre
Read the transcript here. Read their biographies here.
https://www.torontocentre.org/
Emerging Markets and Developing Economies (EMDEs) are facing numerous hurdles in mobilizing the necessary transition financing for decarbonization, including fiscal constraints, restricted access to private capital, and a shortage of expertise in project development and financing. Ramping up blended finance efforts is critical for this transition.
The panel discussed:
Panelists:
Laura Santa, Sustainable Finance Group Leader, Financial Superintendency of Colombia (SFC)
Andrew Ahiaku, Director and Head of Financial Sector, Aceli Africa
Alan Elizondo, General Director, Fideicomisos Instituidos en Relación con la Agricultura (FIRA)
Dr. Nnamdi Igbokwe, Director, Knowledge and Thought Leadership, Convergence Blended Finance
Moderator:
Demet Çanakçi, Senior Program Director, Toronto Centre
Read the transcript here. Read their biographies here.
https://www.torontocentre.org/
Read our TC Note to learn more about blended finance: https://www.torontocentre.org/index.php?option=com_content&view=article&id=236&Itemid=99
https://www.convergence.finance/
Read more about barriers and recommendations for blended finance: https://www.convergence.finance/resource/state-of-blended-finance-2023/view
This TC Note and podcast address issues encountered by introducing risk-based supervision. These range from technical matters to more complex challenges, such as:
Speaker:
Paul Wright, Program Leader, Toronto Centre
Host:
Chuin Hwei Ng, Senior Program Director, Toronto Centre
Read the transcript here. Read their biographies here.
https://www.torontocentre.org/
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 cross-cutting issues that supervisors are facing, such as new innovations and sources of competition, gender disparities in financial inclusion, and the role of financial inclusion in crisis responses.
Speaker:
Laura Brix Newbury, Program Leader, Toronto Centre
Host:
Demet Çanakçı, Senior Program Director, Toronto Centre
Read the transcript here. Read their biographies here.
https://www.torontocentre.org/
The Intact Centre for Climate Adaptation at the University of Waterloo recently released a report on Integrating Physical Climate Change and Extreme Weather Risk into Institutional Investing. The report examines the strategic and financial impact physical climate risks have on businesses.
In this podcast, the speakers address some topics financial supervisors and regulators should consider:
Speaker:
Kathryn Bakos, Director, Climate Finance and Science, Intact Centre on Climate Adaptation, University of Waterloo
Host:
Shelina Visram, Senior Program Director, Toronto Centre
Read the transcript here. Read their biographies here.
https://www.torontocentre.org/
Crypto regulation was a key agenda of the G20 summit. While regulations and a framework have yet to be finalized, consensus emerged that a blanket ban was not feasible.
The joint declaration noted that the G20 will continue to “closely monitor the risks of the fast-paced developments in the cryptoasset ecosystem,” and the leaders endorsed the Financial Stability Board’s (FSB’s) “high-level recommendations for the regulation, supervision, and oversight of crypto-assets activities and markets and of global stablecoin arrangements.”
The panel discussed:
Panelists:
William C. Dudley, Chair, Bretton Woods Committee (BWC); Former President and CEO, Federal Reserve Bank of New York
Nezha Hayat, Chairperson and Chief Executive Officer, Moroccan Capital Market Authority (AMMC)
Stefan Ingves, Chair, Toronto Centre; Former Governor, Sveriges Riksbank (Central Bank of Sweden)
Olivier Fines, Head, Advocacy and Capital Markets Policy Research for EMEA, CFA Institute
Moderator:
Marina Moretti, Deputy Director, Monetary and Capital Markets, International Monetary Fund (IMF)
Read the transcript here. Read their biographies here.
Central banks and supervisors need to consider climate change and biodiversity loss, which are interconnected and mutually reinforcing. Looking ahead, dealing with nature-related risks may also involve transition plans. Transition plans are crucial to credible implementation.
The panel discussed:
Opening Remarks:
The Honourable Ahmed Hussen, Minister of International Development, Government of Canada
Panelists:
The Honourable John Rwangombwa, Governor, National Bank of Rwanda
Sabine Mauderer, Vice-Chair, Network for Greening the Financial System; Board Member, Deutsche Bundesbank
Jean-Paul Servais, Chair, IOSCO Board; Chair, Belgium's Financial Services and Markets Authority
Stefan Ingves, Chair, Toronto Centre; Former Governor, Sveriges Riksbank (Central Bank of Sweden)
Moderator:
Jean Pesme, Global Director, Finance, Competitiveness & Innovation, World Bank
Read the transcript here. Read their biographies here.
Annually, the world’s 280 million migrant workers send USD 1 trillion to 800 million family members. This TC Note and podcast explains why insurance and pensions for these workers is an important area of focus for supervisors. They address how supervisors following a risk-based approach can tackle key risks for migrant workers and service providers, and the role supervisors can play in expanding coverage, particularly in the informal sector.
Speaker:
William Price, Program Leader, Toronto Centre
Host:
Lay Geok Yeo, Program Director, Toronto Centre
Read the transcript here. Read their biographies here.
https://www.torontocentre.org/
The frequency and devastation of climate-related disasters in Small Island Developing States (SIDS) are growing. The risks of financial instability, food insecurity, and human loss and suffering are increasing and impeding economic growth. While SIDS have contributed the least to global climate change, they are hardest hit by natural disasters. The consequences for their economies and people’s lives are catastrophic.
Part of the solution is accelerating the transition to net zero and sustainable development. Our speakers shared perspectives and insights on effective approaches for governments, policy makers, and financial sector leaders.
Speaker:
Timothy N.J. Antoine, Governor, Eastern Caribbean Central Bank; Board Member, Toronto Centre
Moderator:
Jennifer Elliott, Advisor, Monetary and Capital Markets Department, IMF; Board Member, Toronto Centre
Moderator:
Erin Tansey, Director, Sustainable Inclusive Economies Program, International Development Research Centre (IDRC)
Read the transcript here. Read their biographies here.
Toronto Centre and the IDRC co-hosted this event on the margins of the Canada-CARICOM Summit.
https://www.torontocentre.org/
This TC Note and accompanying podcast discuss the food security issue, which is relevant to supervisory objectives such as institutional soundness and the maintenance of sound, fair and stable markets, as well as consumer protection and retail market conduct.
Speaker:
Craig Thorburn, Program Leader, Toronto Centre
Host:
Demet Çanakçı, Senior Program Director, Toronto Centre
Read the transcript here. Read their biographies here.
https://www.torontocentre.org/
The International Organization of Securities Commissions (IOSCO) called for the development of the International Sustainability Standards Board (ISSB) in 2021, with the idea of developing a common language in which issuers worldwide could report on sustainability matters.
Very recently, the ISSB adopted two new standards addressing sustainability and climate disclosure, which were immediately endorsed by IOSCO.
This podcast will discuss these new standards, their upcoming implementation, and their potential impacts, as well as the Task Force’s other ongoing initiatives.
Speaker:
Rodrigo Buenaventura, Chair, Comisión Nacional del Mercado de Valores (CNMV); Chair, Sustainable Finance Task Force, IOSCO
Host:
Jean Lorrain, Chair, Securities Advisory Board, Toronto Centre
Read the transcript here. Read their biographies here.
https://www.torontocentre.org/
Everyday in Canada, millions of people place their trust in payment service providers (PSPs) whenever they tap their card on a payment terminal or make an online purchase. In 2021, the Bank of Canada was tasked with building a mandate to supervise PSPs to ensure safe and efficient retail payments.
This podcast discusses the challenges in building this framework, the PSPs it will apply to, and the timeline for implementation.
Speaker: Ron Morrow, Executive Director - Supervision, Bank of Canada
Host: Anatol Monid, Senior Director, Programs, Toronto Centre
Read the transcript here. Read their biographies here.
https://www.torontocentre.org/
This TC Note and accompanying podcast address the rapid rise of cyber risk, which presents unique challenges to the financial sector. Supervisors will understand how to determine an effective strategy to deal with this constantly evolving risk and deliver that strategy with the resources available.
Speaker: Lyndon Nelson, Program Leader, Toronto Centre
Host: Demet Çanakçı, Senior Program Director, Toronto Centre
Read the transcript here. Read their biographies here.
https://www.torontocentre.org/
Money laundering is a global problem that undermines the integrity and safety of the global financial system. In this podcast, Beju Shah introduces the BIS Innovation Hub’s recent initiative, Project Aurora. He discusses leveraging data, technology and collaboration to improve AML efforts through collaborative analysis and learning while upholding data protection, privacy, and information security.
Speaker: Beju Shah, Head of Nordic Centre, BIS Innovation Hub
Host: Demet Çanakçı, Senior Program Director, Toronto Centre
Read the transcript here. Read their biographies here.
Read more about Project Aurora here.
https://www.torontocentre.org/
In this podcast, the speakers examine climate scenarios and practical guidance on the design of climate stress tests. They discuss the uncertain nature of climate risks and the tools available to assess them.
Read their biographies here. Read the transcript here. Read the TC Note here.
In this podcast, the speakers examine the reasons for introducing a retail CBDC, the key choices in its design, and how supervisors can address arising risks and opportunities. Considerations include financial stability, inclusion, AML, and cross-border remittances.
Read their biographies here. Read the transcript here. Read the TC Note here.
Ensuring everyone has access to financial services is paramount to sustainable economic development.
In this podcast, the speakers will discuss:
· the role of financial regulators and supervisors as facilitators of financial inclusion;
· the importance of access for disadvantaged people, and
· risk-based approach to anti-money laundering (AML).
The speakers will discuss our complimentary self study program, which is available on our website.
Panelists:
Mercy Buku, Program Leader, Toronto Centre
Richa Goyal, Program Director, Toronto Centre
Robin Newnham, Head of Policy Analysis and Guidance, Alliance for Financial Inclusion (AFI)
Moderator:
Maria Sofia Reiser, Research Analyst, Royal United Services Institute (RUSI)
Read their biographies here. Read the transcript here
Speaker:
Dr. Kennette Thigpen Harris
CEO and Founder, Welltrust Partners
Host:
Shelina Visram
Program Director, Toronto Centre
Description:
It probably doesn’t come as a surprise that employee mental health concerns are at an all-time high. Employees’ mental health can have a critical impact on their company’s morale, engagement, and bottom line. In this podcast the speakers address some key points for leaders, including financial regulators and supervisors, to consider to support positive mental health in the workplace.
Dr. Thigpen Harris shares some insights from her new book, Cut Yourself Some Slack.
Read their biographies here. Read the transcript here.
Financial markets play a key role in enabling the transition towards carbon neutrality. Mandatory global disclosure standards with industry-specific metrics are therefore vital to ensure that financial flows are aligned with green and transition objectives.
The panelists discuss:
Panelists:
Martin Moloney, Secretary General, IOSCO
Michael Jantzi, Member, International Sustainability Standards Board
Carol Paradine, CEO, Canadian Public Accountability Board
Andres Vinelli, Chief Economist, CFA Institute
Moderator:
Bill Coen, Member, Board of Directors and Chair, Finance, Audit and Risk Committee, Toronto Centre
Read their biographies here. Read the transcript here.
Climate change, biodiversity loss, and food security are interlinked and pose a serious threat to financial stability and global prosperity.
The panelists discuss:
Panelists:
The Honourable John Rwangombwa, Governor, National Bank of Rwanda
Nezha Hayat, Chairperson and Chief Executive Officer, Moroccan Capital Market Authority (AMMC)
Stefan Ingves, Chair, Toronto Centre; Former Governor, Sveriges Riksbank (Central Bank of Sweden)
Moderator:
Jean Pesme, Global Director, Finance, Competitiveness & Innovation, World Bank
Read their biographies here. Read the transcript here.
In celebration of our 25th anniversary, we hosted a fireside chat featuring Toronto Centre board chair and former Governor of the Central Bank of Sweden, Stefan Ingves. Mr. Ingves recently retired as the Governor after serving a 17-year term. He shared his perspectives on how cyber risk, digital currencies, climate change, and payment systems are changing the future of central banking.
Opening Remarks:
Tobias Adrian, Financial Counsellor and Director. Monetary and Capital Markets, International Monetary Fund (IMF)
Moderator:
Jennifer Elliott, Advisor, Monetary and Capital Markets Department, IMF
Read their biographies here. Read the transcript here.
The Global Findex 2021 revealed a reduction in the gender gap from 9% to 6% in access to formal financial services in developing economies. This is a positive indication that changes in mindset and practice are shifting the norms.
The speakers from Mennonite Economic Development Associates (MEDA), MiCrédito, and Toronto Centre discussed:
their respective experiences, insights, and strategies to deepen women’s access to finance;
the value of gender-disaggregated data collection and analysis for financial supervisors and financial service providers;
and how to further close the gender gap in finance.
Panelists:
Petronella Chigara Dhitima - Program Leader, Toronto Centre
Verónica Herrera - Chief Executive Officer, MiCrédito
Moderator:
Lindsay Wallace - Senior Vice President, Strategy & Impact, Mennonite Economic Development Associates (MEDA)
Read their biographies here. Read the transcript here.
This podcast identifies how financial supervisors should use The Global Findex 2021 to implement gender-aware supervisory practices.
Read their biographies here. Read the transcript here.
View the Global FinDex chapter summaries here.
View the Global FinDex data sets here.
View the Global FinDex gender brief here.
Read our Gender-Aware Supervision Toolkit here.
The Global Findex Database is an internationally recognized source of data on global access to financial services. In this podcast, the speakers discuss the key takeaways from The Global Findex 2021, including:
Read their biographies here. Read the transcript here.
In celebration of Canada’s International Development Week, the panel discussed how to make food and water security part of global economic recovery. They also explored the roles of the financial, health, and food sectors in driving long-term change and sustainability.
Panelists:
Elissa Golberg – Ambassador of Canada to Italy, Albania, Malta and San Marino and Permanent Representative of Canada to IFAD, FAO, WFP
Timothy N. J. Antoine – Governor, Eastern Caribbean Central Bank
Dr. David Nabarro – Co-lead, UN Global Crisis Response Group on Food, Energy and Finance; Special Envoy on COVID-19, World Health Organization (WHO)
Carl Hiralal – Chair, Insurance and Pensions Advisory Board, Toronto Centre
Read their biographies here. Read the transcript here.
In celebration of Toronto Centre's 25th anniversary, this discussion explored strategies to transition towards a green, stable, and inclusive global financial system.
Read their biographies here. Read the transcript here.
This podcast examines the regulation and supervision of retail payment systems (RPS). RPS provide advantages such as innovation, but also present risks to users and financial stability.
Read their biographies here. Read the transcript here.
The pandemic, geopolitical uncertainties, persistent barriers, and gender norms have disrupted the world economy and stalled progress on the Sustainable Development Goals, particularly the one to achieve gender equality by 2030. However, some countries have been successful in advancing strategies for women's empowerment and financial inclusion. The panel discussed transformative approaches and shared their respective country, regional, and international experiences and lessons.
Read their biographies here. Read the transcript here.
L'innovation financière évolue à un rythme très rapide. Ce podcast abordera la question de savoir où en sont les régulateurs et les superviseurs dans les différentes initiatives relatives aux Fintech, quels sont les avantages du travail du Réseau mondial d'innovation financière (GFiN), ainsi que l'orientation et les impacts des différentes initiatives sur l'inclusion financière.
Lisez leurs biographies ici. Lire la transcription ici.
Financial innovation is evolving at a very fast pace. This podcast will discuss where regulators and supervisors stand on various initiatives relating to Fintech, the impacts on financial inclusion, and the benefits of the Global Financial Innovation Network (GFiN)’s work.
Read their biographies here. Read the transcript here.
This Toronto Centre Note and accompanying podcast will help front-line supervisors assess the risk factors specific to individual firms and how the norms set out in guidance may need to be modified in individual assessments. Read their biographies here. Read the transcript here.
Digital transformation is a goal throughout the G20. It affects not only economics but also all aspects of society: finance, women issues, government administration and public services. The challenges include infrastructure, payments, and central bank digital currencies (CBDCs), just to name a few.
The panel focused on issues related to digitization in the financial sector, including CBDCs, crypto assets and cross border payments.
This Toronto Centre Note and accompanying podcast focus on the use of a risk-based approach to retail conduct supervision. It also addresses the challenges of supervising for good consumer outcomes.
Read their biographies. Read the transcript. Read the TC Note.
Two new publications from the International Finance Corporation highlight market potential and emerging strategies on inclusive banking practices to advance the economic inclusion of persons with disabilities and LGBTI people.
This podcast explores key take-aways from the research and emerging practices in the financial inclusion landscape.
Read their biographies here.
The speakers will discuss the future of innovation in financial supervision and the challenges and opportunities facing financial regulators, post-pandemic. They will examine:
Read their biographies here.
Read the transcript here.
This podcast describes the key post-pandemic risks to financial inclusion, and what supervisors and regulators can do to address these risks.
Read their biographies here.
Read the transcript here.
This Toronto Centre Note and accompanying podcast describe how financial institutions are using artificial intelligence (AI) and machine learning (ML), and how supervisors can respond and use AI and ML to improve their efficiency and effectiveness
Read their biographies here.
Read the transcript here.
Micol Pistelli, Senior Financial Inclusion Coordinator, United Nations High Commissioner for Refugees (UNHCR) discusses the plight of forcibly displaced persons and how supervisors can better support their financial inclusion. Read their bios here. Read the transcript here.
In this podcast, the speakers reflect on the impact of the COVID-19 pandemic on women, including women in financial supervision. Read their bios here. Read the transcript here.
The panel discussed how high inflation, supply chain disruptions, the ongoing pandemic and geopolitical conflicts could trigger the next global recession and what financial authorities could do to mitigate the impacts. Read their bios here. Read the transcript here.
The podcast explores the role of digitalization in women’s financial inclusion. Ms. Aditi Namdeo, Chief Partnerships Officer (CPO) of the Reserve Bank Innovation Hub (RBIH), India, shares the inspiration for and experience from an exclusive TechSprint initiative hosted by RBIH which focused on self-reliant women. She also explores some of the barriers and facilitators to women’s financial inclusion in India.
Read their bios here.
Read the transcript here.
This panel discussed how war is affecting the financial, food, and energy sectors and how it threatens financial inclusion and the United Nations Sustainable Development Goals (SDGs). They explored what central bankers, supervisors, governments, and other policymakers can do to mitigate the impact.
In this podcast, Dr.Eva Hüpkes of FSB talks about the risks and vulnerabilities associated with crypto assets, including global stable coins, and the challenges in regulating and supervising them. She also discusses how crypto assets can enable financial inclusion. Read their bios here. Read the transcript here.
Biodiversity is declining at an unprecedented rate in human history. There is growing evidence that it could have significant economic and financial stability implications for the global society. Biodiversity loss also has powerful inter-relationships with wider issues of climate change and consequently drives climate-related risks. This podcast examines various key aspects of biodiversity loss, its implications for financial stability, and its treatment by central bankers and financial supervisors in addressing climate change risks. Read biographies here. Read transcript here.
Cyber threats and incidents are a growing concern, posing risks to the safety and stability of the financial system. Since the start of the COVID-19 pandemic, these risks have heightened. Remote working and increased use of financial services over digital channels have opened more points of banking system access to malicious actors. This panel discussed the importance of cybersecurity and discuss how financial institutions can improve their resilience to cyber threats and incidents. It discussed the role the policymakers, supervisors and regulators can play. Read the biographies here. Read the transcript here.
This podcast addresses some key topics to encourage leaders, including financial supervisors and regulators, to consider blended finance as a vehicle to support the fight against the worst effects of climate change. It covers examples of blended finance projects in developing and emerging economies, implications for supervisors and regulators, the role of blended finance in just climate financing, and the constraints and ways to increase blended finance. Read the biographies here. Read the transcript here.
Financial crises are expensive, not only in terms of lost income and wealth but also because of their negative impact on financial inclusion and gender equality. It is therefore important to manage and resolve financial crises as effectively as possible.
This Toronto Centre Note is based on Toronto Centre’s wide experience in running crisis simulation exercises, and it discusses a range of learning experiences. Each section covers; what is being tested in crisis simulation exercises, what typically happens in Toronto Centre simulation, and typical lessons learned.
Read the bios here. Read the transcript here.
Toronto Centre joined the global community in celebrating International
Women’s Day (IWD) by commemorating women’s achievements, reflecting on
progress made and advocating for women’s equality. The panel discussed
how financial inclusion helps combat bias and break the barriers to gender
equality and the role of financial authorities in supporting positive change. Read the transcript here. Read the biographies here.
Microprudential authorities are beginning to take climate-related risks into account and to reflect them as part of their supervisory principles and practices. However, there is not yet a well-developed macroprudential framework to address climate-related financial risks. This Toronto Centre Note and podcast examine how macroprudential approaches can be adapted to address climate-related financial risks. Read the bios here. Read the transcript here.
The pandemic, rising inflation, gender inequality, and climate change are contributing to global economic upheaval. The panel discussed the vital role ministries of finance and central banks continue to play, in achieving inclusive and sustainable economic growth and poverty reduction.
Financial literacy has been recognized as a critical driver for financial inclusion and has become an integral part of many countries' financial inclusion policy agendas. This podcast recommends measures that regulators and supervisors can put in place to address some of the barriers to financial literacy, with a focus on the link between digital financial inclusion and financial literacy.
This podcast explores the reasons there is insufficient attention to the supervision of corporate governance. Practical steps and techniques to improve the oversight of corporate governance are provided.
In this TC Note Podcast , Risk-Based Supervision of Cross Border Groups, Paul Wright and Program Director, Chuin Hwei NG examine the main challenges found in Risk-Based Supervision (RBS) and discuss the suggested steps towards overcoming these complex structures.
This podcast will discuss Kenya's experience testing the toolkit materials and how their organizations benefited from the Gender-Awareness Supervision Toolkit. Read the Transcript here. Read their biographies here.
Este podcast discutirá la experiencia de Columbia probando los materiales del kit de herramientas y cómo sus organizaciones se beneficiaron del kit de herramientas de supervisión de la conciencia de género. Lea la transcripción aquí. Lea sus biografías aquí.
The authors of TC's recent report, Resilient and Inclusive Financial Services Delivery During COVID-19, discussed their views and recommendations about the impact of the pandemic on financial services delivery in Rwanda, Sierra Leone and Zambia.
In this podcast, the speakers discuss business continuity planning and the impact of the COVID-19 Pandemic on supervisory practices.
En este Podcast del Toronto Centre, Carolina Flores, Coordinadora del Grupo de Trabajo de Cambio Climático de la Comisión del Mercado Financiero de Chile (CMF), y Juan P. Arango, Director de Programa del Toronto Centre, conversan y discuten sobre las acciones que el supervisor chileno ha puesto en marcha para enfrentar los retos y aprovechar las oportunidades que presenta el cambio climático.
Carolina Flores Tapia
Coordinadora del Grupo de Trabajo de Cambio Climático de la Comisión del Mercado Financiero de Chile (CMF)
Juan Pablo Arango
Director De Programa, Toronto Centre
As part of COP26, TC hosted a virtual executive panel. The speakers discussed possible climate change scenarios related to a transition to a low-carbon economy and how central bankers and financial supervisors can incorporate climate risks and opportunities into regulatory and supervisory practices. They also touched on the need for international collaboration among central bankers, financial supervisors, policymakers, government officials, and financial sector players to address these risks.
Read the transcript here
The authors of TC’s recent report share the perspectives and insights they have gained from the research and analysis they conducted. They share their views and recommendations about the role regulators and RegTech can play to expand financial inclusion of women.
The panel explored:
En este Podcast del Toronto Centre, Mariana Escobar, Jefe de Finanzas Sostenibles de la Superintendencia Financiera de Colombia (SFC), y Juan P. Arango, Director de Programa del Toronto Centre, conversan y discuten sobre las acciones de supervisión que, en respuesta al cambio climático, ha adelantado la SFC en temas tales como regulación, revelación de información y la cuantificación de los efectos del cambio climático sobre el sistema financiero.
Speaker:
Mariana Escobar – Head of Sustainable Finance at the Superintendencia Financiera de Columbia
Hosted By:
Juan Pablo Arango – Program Director, Toronto Centre
En este Podcast del Toronto Centre, Mariana Escobar, Jefe de Finanzas Sostenibles de la Superintendencia Financiera de Colombia (SFC), y Juan P. Arango, Director de Programa del Toronto Centre, conversan y discuten sobre las acciones de supervisión que, en respuesta al cambio climático, ha adelantado la SFC en temas tales como regulación, revelación de información y la cuantificación de los efectos del cambio climático sobre el sistema financiero.
Speaker:
Mariana Escobar – Head of Sustainable Finance at the Superintendencia Financiera de Columbia
Hosted By:
Juan Pablo Arango – Program Director, Toronto Centre
Many industries have reopened their doors to welcome employees back into the workplace. While this might bring great relief and even excitement for some individuals, it also may stir some feelings of fear and resistance in others. It’s important to realize that all reactions are completely normal and to be expected.
This podcast provides tips for leaders, including financial regulators and supervisors, to help their employees not only to survive but to thrive as they adapt to the workplace.
Speaker:
Marianne Jurney – LCSW, CEAP EAP Counselor & Incident Manager Workplace Options
Hosted By:
Shelina Visram – Program Director, Toronto Centre
Central Banking and Supervision in the Fast-evolving Digital Era
Speakers:
Cecilia Skingsley – First Deputy Governor, Central Bank of Sweden
Juan Pablo Graf Noriega – President, National Banking and Securities
Moderated By: Babak Abbaszadeh
Dans ce Podcast, le président de la FSMA de Belgique ainsi que le vice-président de l’Organisation internationale des commissions de valeurs (OICV), Monsieur Jean-Paul Servais discutera des effets de la pandémie sur les régulateurs ainsi que sur les sujets sur lesquels ils devront se concentrer. Il sera également question du plan d’action 2021-22 de l’OICV et particulièrement de la position et les récents travaux de l’Organisation concernant la question du climat.
In this podcast, Jean-Paul Servais, Chair of the Belgian FSMA and Vice-Chair of the International Organization of Securities Commission (IOSCO) discusses the aftermath of the pandemic and what regulators should expect to face and should concentrate on. It was also an opportunity to discuss the 2021-22 IOSCO workplan and, most especially, its position and work on climate.
Speaker:
Jean-Paul Servais - Chairman, Belgian Financial Services and Markets Authority (FSMA); Vice Chair, IOSCO
Hosted By:
Jean Lorrain - Chair, Securities Advisory Board, Toronto Centre
In this podcast, Jean-Paul Servais, Chair of the Belgian FSMA and Vice-Chair of the International Organization of Securities Commission (IOSCO) discusses the aftermath of the pandemic and what regulators should expect to face and should concentrate on. It was also an opportunity to discuss the 2021-22 IOSCO workplan and, most especially, its position and work on climate.
Dans ce Podcast, le président de la FSMA de Belgique ainsi que le vice-président de l’Organisation internationale des commissions de valeurs (OICV), Monsieur Jean-Paul Servais discutera des effets de la pandémie sur les régulateurs ainsi que sur les sujets sur lesquels ils devront se concentrer. Il sera également question du plan d’action 2021-22 de l’OICV et particulièrement de la position et les récents travaux de l’Organisation concernant la question du climat.
Speaker:
Jean-Paul Servais - Chairman, Belgian Financial Services and Markets Authority (FSMA); Vice Chair, IOSCO
Hosted By:
Jean Lorrain - Chair, Securities Advisory Board, Toronto Centre
In this Toronto Centre Podcast, Dr. Olaf Weber, Professor at the School of Environment, Enterprise and Development (SEED) at the University of Waterloo, and Shelina Visram, Toronto Centre Program Director, discuss how financial supervisors and regulators can use scenarios as part of their financial supervisory tools to manage risks and opportunities of climate change.
Speaker:
Dr. Olaf Weber - Professor, University of Waterloo
Hosted By:
Shelina Visram - Program Director, Toronto Centre
Payment Systems, Supervision and Inclusion in the Digital Age.
Speakers:
Tara Rice - Head of Secretariat, Committee on Payments and Market Infrastructures
Dr. Reza Baqir - Governor, State Bank of Pakistan
Moderated by: Bill Coen
In this Toronto Centre podcast, former Securities Advisory Board Chair Ilana Singer interviews Antoinette Leung, the Head of Financial Institutions and Mortgage Brokerage Conduct at the Financial Services Regulatory Authority of Ontario (FSRA). They discuss FSRA’s principles-based approach to regulation, as well as collaboration and cooperation among regulators.
Speakers:
Ilana Singer - Vice-President and Corporate Secretary, Canadian Investor Protection Fund (CIPF)
Antoinette Leung - Head of Financial Institutions and Mortgage Brokerage Conduct, Financial Services Regulatory Authority of Ontario (FSRA)
The authors of TC’s recent report share the perspectives and insights they have gained from the research and analysis they conducted. They share their views and recommendations about the role regulators and RegTech can play to expand financial inclusion of women.
How can central bankers and supervisors support green finance and manage risks?
Speakers:
Dr. Sabine Mauderer - Member of the Executive Board, Deutsche Bundesbank
Alejandro Díaz de Léon-Carrillo - Governor, Central Bank of Mexico
Moderated by: Babak Abbaszadeh
How can central bankers and supervisors support their national climate change strategies?
Speakers:
Tomás Soley – Superintendent, General Superintendence of Insurance of Costa Rica
Unnur Gunnarsdóttir – Deputy Governor, Central Bank of Iceland for Financial Supervision
Moderated by: Babak Abbaszadeh
How can central bankers and supervisors sustain financial inclusion and stability in the digital age?
Speakers:
Irene Espinosa Cantellano – Deputy Governor, Banco de México
Ben Gully – Assistant Superintendent, Regulation Sector, Office of the Superintendent of Financial Institutions (OSFI)
Moderated by: Babak Abbaszadeh
How can central bankers and supervisors mitigate climate change risks to the financial system?
Speakers:
Kevin Stiroh, Executive Vice President, Federal Reserve Bank of New York
Nathalie Aufauvre, Director General, Financial Stability and Operations, Banque de France; Chair of the Banque de France Climate Change Centre
Moderated by: Babak Abbaszadeh
One year into the pandemic, many financial supervisors around the world have experienced working remotely. Program Director Chuin Hwei Ng speaks with long-time TC partner Gerry Lewis on the present and future of remote work.
The speakers discussed the results of the recently released BIS Working Paper, The FinTech Gender Gap, which identified country characteristics, differences in the willingness to use new financial technology, and different attitudes towards privacy and technology as reasons for some of the gap.
The speakers also explored challenges and opportunities in fostering financial inclusion with new technology for supervisors and regulators.
In this podcast, Clive Briault discusses the TC Note Operational Resilience: The Next Frontier for Supervisors? He explains why operational resilience is important for supervisors, shows how supervisors can assess a financial institution's operational resilience as part of their supervisory assessment, and discusses how operational resilience fits within a risk-based supervisory approach.
In this podcast, Barry Johnston discusses the TC Note Integrating Microprudential Supervision with Macroprudential Policy. He explains the reasons supervisory authorities should adopt a macroprudential approach and why the traditional approach to micro-prudential supervision has been ineffective in preventing financial crises.
As financial systems worldwide look forward to a post-pandemic environment, are bank supervisors setting clear expectations today for their supervised institutions? This Toronto Centre podcast reviews the importance of “Sticking to the Basics” of effective financial sector supervision. Bill Coen, Toronto Centre board member and former Secretary General of the Basel Committee on Banking Supervision, catches up with longtime colleague, Tom Dujenski, an experienced adjunct professor, financial services consultant and retired senior US bank regulator.
Panelists:
Mark Carney - UN Special Envoy on Climate Action and Finance; and Finance Adviser to UK Prime Minister for COP26
Sri Mulyani Indrawati - Minister of Finance of Indonesia
Moderated By:
Babak Abbaszadeh - CEO and President of Toronto Centre
In this podcast, Steven M. Rothstein discusses changes in USA climate policy and the potential impact for domestic and international supervisors and regulators.
Ivo Jenik, Senior Financial Sector Specialist at the Consultative Group to Assist the Poor (CGAP) talks to TC about the objectives of a regulatory sandbox, and how to design and implement a sandbox.
Panelists:
Anita Bhatia - Assistant Secretary-General and UN Women’s Deputy Executive Director for Resource Management, UN System Coordination, Sustainability and Partnerships
The Honourable John Rwangombwa - Governor, Central Bank of Rwanda
Joan Larrea - CEO, Convergence
Opening Remarks:
Cheryl Urban - Director General, Economic Development and International Financial Institutions, Global Affairs Canada
Moderated by:
Lindsay Wallace - Advisor, Toronto Centre
Read our speakers' bios: https://www.torontocentre.org/Files/NewsResources/1-27-2021/IDW_panel_bios.pdf
This podcast focuses on Toronto Centre’s first Leadership Program for Women Financial Supervisors and Regulators in Sub-Saharan Africa. The speakers discuss the importance of providing women with the tools and strategies to develop and strengthen their key behavioural competencies and leadership skills. Four of the program participants also share their experiences.
Erik Thedéen, Chair of the IOSCO Sustainable Finance Task Force and Jean Lorrain, Chair of Toronto Centre’s Securities Advisory Board discuss IOSCO’s recent report on sustainable finance and securities regulation. They discuss the current initiatives, both by regulators and the industry, including ESG-related international initiatives and challenges to investor protection.
This podcast focuses on developing and retaining talent. The speakers explore the apprenticeship model of training financial supervisors and ways to preserve institutional memory in financial supervisory agencies.
Ep. #34 - Supervising the New Normal: Long-term Implications of the Pandemic for Supervisory Judgement
Karen Badgerow, CEO, Isle of Man Financial Services Authority
Dr. Naresh Singh, Toronto Centre’s Sustainability Advisor
Clive Briault, Chair, Toronto Centre’s Banking Advisory Board
Hosted by: Anatol Monid, Senior Program Director, Toronto Centre
Click here to read their bios: https://www.torontocentre.org/Files/NewsResources/11-26-2020/karen_naresh_clive_anatol.pdf
Webinar Link: https://vimeo.com/497774289
Speakers:Kuben Naidoo, Deputy Governor & CEO of the Prudential Authority, South African Reserve BankMaurene Simms, Deputy Governor, Financial Institutions, Supervisory Division, Bank of JamaicaModerator:Clive Briault, Chair, Banking Advisory Board, Toronto Centre
Part of the New Normal Series. This episode features:
Pei Hong Mok, Chief Examiner & Executive Director of the Inspection & Supervisory Methodologies Department, MASAlejandra Castorena Olivares, General Director, Methods and Procedures for Supervision, National Banking and Securities Commission (CNBV), MexicoModerated by Clive Briault, Chair, Toronto Centre's Banking Advisory Board
This webinar focuses on the impact of COVID-19 on the financial system. Our distinguished speakers also discuss emerging trends for supervising the new normal.
This podcast will focus on mental wellness in the workplace and how leaders can support a healthy and thriving team. Practical tips and ideas will be provided to help you manage your own wellbeing.
Dr. Inayat Hussain, Executive Director of the Banking Supervision Group, discusses the impact of COVID-19 in Pakistan, the State Bank of Pakistan’s policy response, and the future risks.
The panel will explore:
This podcast will focus on the recent TC Notes on recovery and resolution planning, and will discuss implications for supervisors should an institution fail.
Mariela Zaldivar, Superintendente Adjunto de Conducta de Mercado e Inclusión Financiera de la Superintendencia de Banca, Seguros y AFP (SBS) del Perú, nos comenta sobre los problemas que enfrenta la población más vulnerable en el Perú ante la actual coyuntura, cuál ha sido la respuesta de la SBS y cómo la crisis ha cambiado el trabajo del supervisor de conducta y sobre la importancia de una estrecha cooperación con el supervisor prudencial.
This discussion will focus on the recent FSB Consultation Report on too-big-to-fail reforms.
All companies are determining the best way to reintegrate employees back to the office. This podcast will share information and practical tips to help supervisors and regulators not only survive but to also thrive as they transition back to the office.
Part 3 of the New Normal series. Join this live conversation to gain insights on how central bankers, health experts, and financial sector supervisors are dealing with the new normal.
Since the COVID-19 pandemic, the world of work has changed, and many financial supervisors now need to work from home and manage their teams remotely.
Chuin Hwei Ng interviews long-time TC partner Gerry Lewis on questions such as: how do we make sure the work still gets done effectively? Will my team be as productive or as efficient? How will we stay connected as people – and as a functioning team?
Part of the New Normal series. This episode features The Honourable Sri Mulyani, Minister of Finance, Indonesia, and Carmen Reinhart, Vice President and Chief Economist, World Bank Group. The discussion is moderated by Susanna Moorehead, Chair, OECD's Development Assistance Committee.
Anatol Monid, Toronto Centre Program Director, and Dr. Dianne Saxe, former Environmental Commissioner of Ontario, discuss the risks to the financial system posed by a climate emergency and the importance that disclosure regimes and divestiture actions have for financial institutions and their supervisors.
In this podcast, Jean Lorrain, Chair of Toronto Centre’s Securities Advisory Board, discusses the implications of COVID-19 and climate risk for securities regulators, the usefulness of international standards, and “staying the course” in the new normal.
Dans ce podcast, Jean Lorrain, président du Conseil consultatif sur les valeurs mobilières du Toronto Centre, discute des répercussions de la COVID-19 et du risque climatique pour les organismes de réglementation des valeurs mobilières, de l’utilité des normes internationales et comment maintenir le cap dans la nouvelle normalité.
Anatol Monid, Program Director at Toronto Centre, and Dr. Blair Feltmate, Head of the Intact Centre on Climate Adaptation, discuss the risks to the financial system posed by climate change and extreme weather risks, matters about which financial services supervisors and regulators should be concerned.
Anatol Monid, Toronto Centre Program Director, sits down with Dr. Naresh Singh, Special Advisor Sustainability at Toronto Centre, to discuss the risks to the financial system posed by climate change and what supervisors can learn from the COVID-19 pandemic to better address climate change disruptions.
Join this live conversation to gain insights on how central bankers, health experts, and financial sector supervisors are dealing with the new normal.
In this podcast, Shelina Visram, Program Director at Toronto Centre speaks with Dr. Olaf Weber, a Toronto Centre Program Leader, a Professor at the School of Environment, Enterprise and Development (SEED) and Research Chair in Sustainable Finance at the University of Waterloo. The discussion highlights the importance of broadening existing financial supervisory tools to incorporate risks outside the financial sector such as COVID-19, climate change and other events as they have material impact on the economy and the financial industry.
Gain insights on how financial supervisors and regulators can help to mitigate the impact of COVID-19 on the financial system and preserve the gains that have been made in financial inclusion.
In this podcast, Shelina Visram, Program Director at Toronto Centre speaks with Mutumboi Mundia, Director – Market Supervision and Development and Mubanga Kondolo, Manager – Financial Inclusion at the Securities and Exchange Commission Zambia. The discussion focuses on how financial supervisors and regulators are navigating the current global pandemic crisis whilst continuing and leveraging opportunities for the national financial inclusion agenda, and in particular in Zambia.
This is the fifth part of a Toronto Centre Webcast Series to help financial Supervisors and Regulators gain insights and perspectives on COVID-19 and its impact on the global financial system from supervisory experts.
In this Toronto Centre podcast, SAB Chair Ilana Singer interviews Maureen Jensen about the challenges and the opportunities posed by FinTech. She also touches on OSC initiatives that promote gender diversity and environmental, social and governance reporting, which are very relevant topics for the mission of Toronto Centre. Lastly, Maureen reflects on the top 3 initiatives that she led as Chair of the OSC.
Click here to view the full transcript: https://www.torontocentre.org/Files/NewsResources/5-20-2020/Updated%20Transcript_Ilana_Maureen%20Podcast.pdf
A dos meses del primer caso confirmado de Covid-19 en el Perú, conversamos con Jorge Mogrovejo, Superintendente Adjunto de Banca y Microfinanzas de la Superintendencia de Banca, Seguros y AFP sobre la situación en el Perú y las medidas regulatorias y de supervisión que se han tomado para manejar la crisis. Así mismo, en la medida en que nos encaminamos a una reapertura gradual de las actividades económicas a nivel mundial, le preguntamos a Jorge sobre los riesgos que más le preocupan y los principios que deben orientar las decisiones de todo supervisor en esta nueva fase de la crisis.
Gain insights on how financial supervisors and regulators can help to mitigate the impact of COVID-19 on the financial system and preserve the gains that have been made in financial inclusion.
In this podcast, Shelina Visram, Toronto Centre Program Director, speaks with John Pattison, Toronto Centre Program Leader. The discussion highlights some of the supervisory challenges during and after a very peculiar crisis like COVID-19, and what financial supervisors and regulators should focus on as they operate in this new normal.
Gain insights on how financial supervisors and regulators can help to mitigate the impact of COVID-19 on the financial system and preserve the gains that have been made in financial inclusion.
En este Podcast, Juan Pedro Cantera, Superintendente de Servicios Financieros de Uruguay, presenta las respuestas de política que han tomado las autoridades uruguayas y del sur del continente para enfrentar la situación creada por la Pandemia del COVID-19, los retos de regulación y supervisión que se avizoran, y los efectos que los avances en regulación y supervisión han tenido sobre el manejo de la crisis.
En este podcast, Gerardo Hernández, Co-Director del Banco de la República (Colombia), presenta las respuestas de política que han tomado las autoridades colombianas para enfrentar la situación creada por la Pandemia del COVID-19 y sus limitaciones en una economía emergente, cómo el banco central ha logrado la continuidad del negocio, los mecanismos de la coordinación interinstitucional, y los efectos que los avances en regulación y supervisión han tenido sobre el manejo de la crisis.
Gain insights on how financial supervisors and regulators can help to mitigate the impact of COVID-19 on the financial system and preserve the gains that have been made in financial inclusion.
In this wide-ranging conversation, Max McConnell, Psychotherapist and Registered Social Worker, offers some strategies for financial supervisors to deal with the stress and widespread disruption to their professional and personal lives during the COVID-19 pandemic. We also explore the dynamic of public expectations on public institutions and financial supervisors, and the importance of communications. We conclude with some tips on how managers can best support their staff to carry on with their jobs when working from home.
Using Stable Coins to Facilitate Financial Stability and Inclusion Under Unprecedented Times.
Join us as we deliver our virtual executive panel alongside the 2020 IMF-World Bank Spring Meetings.
Panelists
• Ceyla Pazarbasioglu - Vice President for Equitable Growth, Finance and Institutions, the World Bank Group.
• Tobias Adrian - Financial Counselor and Director of the Monetary and Capital Markets Department, IMF.
• Dietrich Domanski - Secretary General, Financial Stability Board (FSB)
• Ross Leckow - Senior Adviser Fintech - Strategy and Legal, the BIS Innovation Hub.
Moderator
• Aditya Narain - Deputy Director, Monetary and Capital Markets Department, IMF; Board Member Toronto Centre.
Our speaker bios: https://www.torontocentre.org/Files/NewsResources/4-14-2020/TC%20Executive%20Panel%20-%20Speaker%20Bios.pdf
In this podcast, Dr. Hoe Ee Khor, Chief Economist of the ASEAN+3 Macroeconomic Research Office (AMRO) discusses the key findings from its flagship report, the ASEAN+3 Regional Economic Outlook 2020 (link below) on the impact of the COVID-19 pandemic on Asia’s economic outlook and financial stability. Dr. Khor shared how this pandemic crisis differs from other crises that Asia had weathered in the past, and how policymakers in Asia could best respond to the challenges of the pandemic.
ASEAN+3 Regional Economic Outlook 2020
https://www.amro-asia.org/full-report-asean3-regional-economic-outlook-2020/
This is the fourth part of a Toronto Centre Webcast Series to help financial Supervisors and Regulators gain insights and perspectives on COVID-19 and its impact on the global financial system from supervisory experts.
El impacto del COVID 19 está afectando directamente al sector real de la economía mundial. Su impacto varía considerablemente según la región y el país; lo mismo se puede decir de las respuestas de política que las autoridades económicas están implementando en los diferentes países.
Esta situación ha puesto a prueba la resiliencia de todos los participantes del sistema financiero – incluyendo a los supervisores y a los bancos centrales. ¿Cómo han respondido las instituciones financieras en este escenario? ¿Cómo han adaptado sus planes de contingencia para adaptarse de la mejor manera a una situación nunca experimentada? ¿Cómo se ha adaptado el supervisor para cumplir con su mandato?
En este episodio, Juan P. Arango, Director de Programa del Toronto Centre, habla con Tomas Soley, Superintendente General de Seguros de Costa Rica, sobre los retos y las enseñanzas que nos va dejando esta crisis a los supervisores, la supervisión de los riesgos que adquieren mayor relevancia en este escenario y las implicaciones de largo plazo para la supervisión, entre otros temas.
El impacto del COVID-19 está afectando directamente al sector real de la economía mundial. Su impacto varía considerablemente según la región y el país; lo mismo se puede decir de las respuestas de política que las autoridades económicas están implementando en los diferentes países.
Esta situación ha puesto a prueba la resiliencia de todos los participantes del sistema financiero – incluyendo a los supervisores y a los bancos centrales. ¿Cómo han respondido las instituciones financieras en este escenario? ¿Cómo han adaptado sus planes de contingencia para adaptarse de la mejor manera a una situación nunca experimentada? ¿Cómo se ha adaptado el supervisor para cumplir con su mandato?
En este episodio, Juan P. Arango, Director de Programa del Toronto Centre, habla con Jorge Castaño Gutiérrez, Superintendente Financiero de Colombia, sobre los retos y las enseñanzas que nos va dejando esta crisis a los supervisores, la supervisión de los riesgos que adquieren mayor relevancia en este escenario., entre otros temas.
In this episode, Babak Abbaszadeh and Gerry Lewis sit down for a candid discussion on the importance of business continuity planning. Babak shares how Toronto Centre’s crisis preparedness and action planning methodology helped to shape Toronto Centre’s continuity plan. They discuss the need for a BCP to evolve through the stages of a crisis, and the resilience and adaptability of people to respond in a crisis. They also discuss if it is even possible to create a BCP that can withstands all crisis scenarios.
This is the third part of a Toronto Centre Webcast Series to help financial Supervisors and Regulators gain insights and perspectives on COVID-19 and its impact on the global financial system from supervisory experts.
This is the second part of a Toronto Centre Webcast Series to help financial Supervisors and Regulators gain insights and perspectives on COVID-19 and its impact on the global financial system from supervisory experts.
This Toronto Centre Webinar will help financial Supervisors and Regulators gain insights and perspectives on COVID-19 and its impact on the global financial system from supervisory experts.
On February 3, Toronto Centre held a Fireside Chat at the 30th International Development Week in Ottawa, Canada. The speakers who participated were Timothy Antoine, Governor of Eastern Caribbean Central Bank, Nezha Hayat, Chairperson and Chief Executive Officer of AMMC – Morocco’s Capital Market Authority, Anthony Nyong, Director of Climate Change and Green Growth African Development Bank, and the event was moderated by Christine Hogan, Deputy Minister of Environment and Climate Change, Government of Canada.
In support of SDG 13, the speakers discussed the impact of climate risk on financial systems and the role financial supervisors and regulators can play. They also shared their insights and learnings from the activities undertaken with Toronto Centre in their jurisdictions to support the greening of capital markets and the increase of financial system resiliency.
On February 3, Toronto Centre held a Fireside Chat at the 30th International Development Week in Ottawa, Canada. The speakers who participated were Timothy Antoine, Governor of Eastern Caribbean Central Bank, Nezha Hayat, Chairperson and Chief Executive Officer of AMMC – Morocco’s Capital Market Authority, Anthony Nyong, Director of Climate Change and Green Growth African Development Bank, and the event was moderated by Christine Hogan, Deputy Minister of Environment and Climate Change, Government of Canada.
In support of SDG 13, the speakers discussed the impact of climate risk on financial systems and the role financial supervisors and regulators can play. They also shared their insights and learnings from the activities undertaken with Toronto Centre in their jurisdictions to support the greening of capital markets and the increase of financial system resiliency.
While it's something that certain countries have the luxury of taking for granted, a well-developed and viable capital market can have a significant impact on a country's economy. It is not an easy task to develop a capital market, but there are numerous resources that are available to regulators and supervisors, as well as for other market participants.
In this podcast, Ilana Singer, Chair of the Toronto Centre Securities Advisory Board, is speaking with Ana Fiorella Carvajal. Ana has more than 25 years of experience in financial sector issues with a focus on capital market development, regulation, and supervision. Ana is currently the lead securities market specialist at the World Bank Group. In this role, she advises countries on issues relating to capital market development and has led technical assistance missions in a wide range of the emerging markets and other countries. Prior to joining the World Bank Group, Ana worked as a senior financial sector expert at the International Monetary Fund.
Si bien algunos países tienen el lujo de darlo por sentado, un mercado de capitales bien desarrollado y viable puede tener un impacto significativo en la economía de un país. Desarrollar un mercado de capitales no es una tarea fácil, pero existen numerosos recursos disponibles para los reguladores y supervisores, así como para otros participantes del mercado.
En este podcast, Ilana Singer, Presidenta de la Junta Asesora de Valores de Toronto Centre, habla con Ana Fiorella Carvajal. Ana tiene más de 25 años de experiencia en temas del sector financiero con un enfoque en el desarrollo, regulación y supervisión del mercado de capitales. Actualmente, Ana es la especialista líder en el mercado de valores del Grupo Banco Mundial. Entre sus funciones, asesora a países en temas relacionados con el desarrollo de mercados de capitales y ha dirigido misiones de asistencia técnica en una amplia gama de mercados emergentes y otros países. Antes de unirse al Grupo Banco Mundial, Ana trabajó como experta senior del sector financiero en el Fondo Monetario Internacional.
In this podcast Babak Abbaszadeh, CEO of Toronto Centre, interviews ECCB Governor Timothy Antoine on the work of the ECCB to deal with climate and environmental risks. Governor Antione highlights how these risks impact financial stability and economic prosperity of small island states. He strongly encourages all countries to address this issue to protect the well-being of all.
Governor Timothy Antoine is an economist and development practitioner. He was born in Grenada and has served as the third Governor of the Eastern Caribbean Central Bank (ECCB) since 1 February 2016.
Mr. Antoine spent 14 of his 22 years with the Government of Grenada’s Ministry of Finance as Permanent Secretary, and previously held positions such as Planning Officer and Senior Economist. In addition to his experience as a senior manager, Mr. Antoine has also accrued significant experience in financial regulation, as Chairman of the Grenada Authority for the Regulation of Financial Institutions (regulator of non-banks) and as a member of the Board of Directors of the Eastern Caribbean Central Bank.
He has also served as Advisor in the Office of the Executive Director for Canada, Ireland and the Caribbean of the World Bank Group and was based in Washington DC.
Mr. Antoine holds a B.Sc. in Economics from the University of the West Indies, and a M.Sc. in Social Policy and Planning in Developing Countries from the London School of Economics.
In 2018, he was awarded an Honorary Doctorate in Humane Letters from St George’s University. He was also the recipient of the Order of Grenada Gold Award for Excellence in 2016.
Mr. Antoine is currently the Chairman of the Eastern Caribbean Home Mortgage Bank, the Chairman of the Eastern Caribbean Securities Exchange and the Chairman of CCRIF SPC.
Dans ce podcast, Ilana Singer, présidente du conseil consultatif des valeurs mobilières du Toronto Centre, discute avec Lise Estelle Brault, la directrice principale de Fintech, de l’innovation et de l’encadrement des dérivés, l'Autorité des marchés financiers au Québec, Canada pour explorer et comprendre les nouvelles technologies dans les marchés financiers, et pour aider les compagnies fintech à se conformer à la règlementation des valeurs mobilières au Québec. Elles discutent de la manière dont l'expérience de l'AMF peut être appliquée aux marchés émergents et aux pays en développement.
In this podcast, Ilana Singer, Chair of the Toronto Centre Securities Advisory Board, speaks with Lise Estelle Brault, the Senior Director of FinTech, Innovation and Derivatives at the Autorité des Marchés Financiers (AMF) in Quebec, Canada. They discuss the AMF’s initiative to explore and understand new technologies in the market and to assist startup firms in complying with securities regulation in Quebec. They discuss how AMF’s experience can be applied to emerging markets and developing countries.
In this podcast, Bert Chanetsa, Toronto Centre Program Leader, former securities and capital markets regulator, and former member of IOSCO, discusses key themes from his recently published book titled ‘Securities and Capital Markets Regulation in South Africa – A Contemporary View’. He shares his view of securities and capital markets regulation and supervision in South Africa and the context and motivation for the significant reforms underway.
Une discussion de diverses initiatives que le Maroc est en train d’entreprendre dans les domaines de changement climatique et développement durable.
In this episode, Toronto Centre President and CEO Babak Abbaszadeh interviews Dr. Michele Mosca, a renowned mathematician who is globally recognized for his drive to help academia, industry, and government prepare our cyber systems to be safe in an era with quantum computers. They discuss quantum computing, cyberattacks, and the implications for financial stability.
At Toronto Centre, we are very fortunate to work with experts in financial supervision and regulation. While we are “on the go” at our programs, we are often presented with opportunities to sit down and chat with them, which we did recently at our International Program on Crisis Preparedness and Resolution Options in Stockholm. In this podcast, Cecilia Skingsley, Deputy Governor of the Riksbank, discusses the importance of communication in times of financial crisis and stability. She shares learnings from the Swedish crisis and briefly discusses how social media can be a communication tool for financial supervisors and regulators.
In this podcast, Ilana Singer, Chair of the Securities Advisory Board, Toronto Centre interviews Mark Adams Senior Executive Leader, Strategic Intelligence, ASIC.
Fintech has become one of the biggest buzz words in the industry over the past 5 years. There is no doubt that technology has vast potential and fosters creativity and innovation. However, securities regulators and supervisors around the world have been trying to find the delicate balance between encouraging innovation while protecting investors. In this podcast, Mark Adams discusses the Innovation Hub, an initiative of Australian Securities and Investments Commission that aims to assist fintechs in navigating the regulatory framework while protecting investors and capital markets.
In this podcast, Ilana Singer, Chair of the Securities Advisory Board, Toronto Centre interviews Katie McDermott General Manager for Equity Post-Trade Services, Australian Securities Exchange.
The Australian Securities Exchange (ASX) is the first in the world to use distributed ledger technology in its clearing and settlement system. In this podcast, Katie McDermott will discuss the challenges and opportunities from the Exchange’s perspective and the most important lessons learned throughout this process. She will also discuss how regulators and supervisors can facilitate the creation and adoption of the latest technological innovations.
In this podcast, Ilana Singer, Chair of the Securities Advisory Board, Toronto Centre interviews Oliver Harvey, Chief Supervisory Officer, Australian Securities and Investments Commission (ASIC).The Australian Securities Exchange (ASX) is one of the world’s leading financial market exchanges, offering numerous services, including listings, trading, clearing and settlement. The ASX is in the process of incorporating distributed ledger technology into its clearing and settlement system. In this podcast, we have the opportunity to hear from Oliver Harvey about the regulator’s perspective on overseeing the overhaul of the technological underpinnings at one of the world’s leading exchanges.
Toronto Centre Program Leader Massimo Cirasino discusses cyber threats to the financial market infrastructures and what needs to be done to create cyber-resilient financial systems globally.
A stimulating conversation between Clive Briault, Chair, Toronto Centre Banking Advisory Board and Timothy Massad, Senior Fellow, The John F.Kennedy School of Government, Harvard University on regulating and supervising crypto assets.
Toronto Centre Program Leader Denise Dias discusses how supervisors can leverage technology for better supervision.
Toronto Centre is proud to introduce a Podcast featuring special guests: Maureen Jensen, Chair and CEO, Ontario Securities Commission, and Ceyla Pazarbasioglu, Senior Director, Finance and Markets Global Practice, World Bank.
A stimulating conversation on climate change and its impact on global capital markets, with implications for financial sector supervisors and regulators.
Toronto Centre is grateful for the valuable and thoughtful remarks and contributions of our featured guests: Hugh O'Reilly, President and CEO of OPTrust, and Ilana Singer, Chair of Toronto Centre's Securities Advisory Board.
This podcast is hosted Ilana Singer, Chair of the Securities Advisory Board, Toronto Centre and features Paul Muthaura, Chief Executive, Capital Markets Authority. This podcast examines the importance of sustainable development and climate change is exemplified through numerous international initiatives, including Agenda 2030 by the United Nations, Agenda 2063 by the African Union, and the Marrakech Pledge. In this podcast, we have the opportunity to hear from Paul Muthaura about how Kenya has been a leader in implementing a sustainable development agenda.