Toronto Centre warmly welcomes Ilana Singer to its Board of Directors, and as the new Chair of the Securities Advisory Board.
It has been a busy past few months for us - we have delivered 24 capacity building programs, in all sectors of financial services, so far this year. Now with summer quickly approaching, there is still a host of programs to look forward to. Our first of three flagship international programs, banking, is taking place this week, followed by two back-to-back programs in July: securities, and insurance and pensions. We look forward to welcoming participants to Toronto!
Toronto Centre's 2016 Annual Report, Advancing Sustainable Development Goals by Promoting Inclusive and Stable Financial Systems, is now available online.
More than eighty senior officials from around the world, including governors and deputy governors of central banks, representatives from the US Treasury , the UN, the Bill & Melinda Gates Foundation, NGOs, and various other international development agencies attended our standing room only Executive Panel at the IMF-World Bank Spring Meetings on April 21, 2017.
Gender equality and women's economic participation are central to financial inclusion, and key drivers of economic development and achieving the United Nations 2030 Sustainable Development Goals and the Addis Ababa Action Agenda. A key milestone in this regard is eliminating the gaps in women’s access to and use of financial services that exist in many countries.
This panel will discuss how to close the gender gap in finance. While considerable progress has been made in increasing access to financial services, the gap in usage by women relative to men persists, and there is an even larger gender gap in management of financial institutions.
Spring is finally here and with its arrival comes a host of programs and projects that I am excited to share with you. First, we just wrapped up our well-received webinar on FinTech (now available on our website) and have an executive panel on gender planned for the upcoming IMF/WB Spring Meetings. Second, registrations are also underway for our flagship international programs - they are all taking place this summer in Toronto - and towards the fall, we are pleased to welcome the return of our two-week Certificate Course.
We recently participated in a poster session held during the IMF conference on Gender and Macroeconomics in Washington, D.C. The conference acted as a forum for researchers and analysts to discuss innovative empirical and theoretical research on gender and macroeconomics and policy implications.
Happy New Year!
I am excited to announce that our flagship International Programs will be returning this summer. Held in Toronto, Canada, the first program for banking supervisors is set to take place in June followed by two back-to-back programs in July: one for securities regulators and the other for insurance and pensions supervisors.Read More
As the end of 2016 is fast approaching, and I reflect on the past 12 months, I realize that we at Toronto Centre have a lot to celebrate. We have made great strides in 2016 in expanding our programming to meet the needs of our partners and associates. The end of 2016 marks, not only our 18th year anniversary, but also a year of "firsts" for us. We launched a number of new programs including Digital Finance, Islamic Finance and a two-week Certificate Program on Core Curriculum for Financial Supervision.Read More
As 2016 draws to a close, we at Toronto Centre are gearing up to launch our 2017 International Programs for supervisors and regulators in Banking, Securities, and Insurance and Pensions. These popular programs fill up every year, and we want to make sure you have ample opportunity to register.
Following the 2016 ICBS Conference in Chile, our CEO Babak Abbaszadeh, was also invited to speak at the 2nd SBIF Conference on Banking Development, Stability and Sustainability.
This conference, organized primarily by the Chilean Superintendency of Banks and Financial Institutions of Chile (SBIF), aims to bring together academics, practitioners, and policymakers who share interests in banking stability and sustainability. It is a forum for those in the banking sector to present new research as well as discuss current issues on financial stability.Read More
Our CEO, Babak Abbaszadeh, was invited to participate in the 2016 International Conference of Banking Supervisors (ICBS) held in Santiago, Chile.
The conference, which has been held every two years since 1979, aims to foster discussion of key supervisory issues and co-operation in the oversight of international banks. Hosted by Superintendencia de Bancos e Instituciones Financieras Chile (SBIF) this year, the conference is intended to bring together senior bank supervisors and central bankers from more than 120 countries, as well as representatives from institutional financial institutions such as the FSI, IMF and the Basel Committee.
Regulatory and supervisory authorities overseeing financial service providers face significant challenges emerging from the digitization of financial services. The world of digital financial inclusion is growing at a fast pace – much faster than capacity and resources to tackle it from a regulatory and supervisory standpoint.
60 senior officials from around the world, including governors and deputy governors of central banks, US EPA, UNEP, World Bank, FSB, IMF, and various international development agencies attended our standing room only executive panel at the IMF-World Bank Annual Meetings on October 7, 2016.
This panel will provide a forum for one of the most pressing issues facing policymakers, regulators, and supervisors today: climate change and its impact on financial services. Panelists will engage in a stimulating discussion on the role that government, financial institutions, and financial regulators and supervisors can play in identifying and addressing the risks and developmental opportunities that this global phenomenon presents.
This has been quite a busy
summer for Toronto Centre -- we wrapped up our annual International Programs
for the year and then successfully completed our first Digital Finance Program.
Now, as we transition into the fall, we are happy to share with you a host of
new exciting projects that are still on the way, including the launch of our
inaugural certificate course at the end of October as well as a webinar event
that discusses climate risk and its implications for financial stability.
Toronto Centre was invited to attend a Symposium of the Central Bank of Kenya (CBK) 50th Anniversary, held today in Nairobi. The general theme of the Symposium was "50 Years of Central Banking" and TC's CEO, Babak Abbszadeh, had the honour of delivering the keynote speech on "Financial Stability and Bank Supervision in the 21st Century."Read More
World leaders meeting at the G20 Summit in Hangzhou, China today issued a communiqué recognizing the importance of scaling up green finance, and welcomed the voluntary options put forward by the G20 Green Finance Study Group (GFSG). This is the first time that G20 leaders have referenced the importance of green finance in the summit's annual-communiqué and Toronto Centre would like to congratulate them for doing so. Our CEO Babak Abbaszadeh believes that the "report underscores the important role of country authorities in promoting green finance and suggests a number of options for those who seek to enhance the ability of financial systems to mobilize private capital for green investment, including financial regulators and supervisors...Read More
It is halfway through the
year and already, we have delivered 22 programs, including wrapping up our very
own International Banking Program. As summer approaches, there is still a host
of programs to look forward to. We are happy to announce the launch of a new
program in Digital Finance that will be held in Tanzania as well as our annual
program on Crisis Preparedness and Resolution Options set to take place in
Toronto Centre's 2015 Annual Report, Delivery Results for Financial Stability and Inclusion, is now available online.