Toronto Centre International Program for Banking Supervisors

Regulatory and Financial Innovations - What Do They Mean For Supervisors?

Sunday, June 11, 2017 - Friday, June 16, 2017

Program Overview

 width=
The post-financial crisis regulatory reform agenda continues to be rolled out.  Some of the most recent and interesting initiatives include new standards for corporate and risk governance, the introduction of recovery and resolution planning, and the more active use of a wider range of macro-prudential policy instruments.   Meanwhile, the increasing development and use of financial technology is driving financial innovations in banking products, sales, marketing and distribution systems, with consequences for business models and for sources of operational risks. 

These regulatory and technological developments coincide with an increasingly complex, uncertain and higher risk environment in the banking sector, reflecting in part, the slow and uneven world economic growth.   Risks from geopolitical instability and interdependent financial markets continue to increase.  All of these factors continue to elevate risks from asset bubbles, non-performing loans and bank failures.  

This program will examine the implications of these regulatory and technological developments for banking supervisors. There is a greater requirement on supervisors to understand these developments, to exercise judgement in reaching supervisory assessments relating to these areas, and to work closely with newly emerging resolution and macro-prudential authorities, both nationally and across jurisdictions.  There are also implications here for the leaders of supervisory agencies, in terms of the skills, expertise and resources required to respond effectively to these regulatory and technological developments. 

The program will open with sessions on how to identify key stakeholders of supervisory authorities, and how to communicate effectively with them to achieve results. Throughout the program, participants will work on action plans for self-identified challenges they face and will need to address once they are back at their home organizations.

Banking participants will learn from seasoned experts and practitioners – who have lived the case studies that they present -- and will be given the opportunity to discuss their own experiences and strategies. In addition to the joint sessions, sector-specific breakout sessions and case studies will be included, in recognition of the specific needs and interests of banking supervisors.

Program Objectives

Upon completion of this five-day course, participants will better understand how to:

  • Key impacts of continuing regulatory and financial innovations 
  • How supervisors can enhance their risk assessments and response capabilities to these regulatory developments and financial innovations 
  • How supervisors can work with other authorities, both nationally and internationally, to apply sucessfully the new regulatory approaches to resolution and macro-prudential policy 
  • How leadership challenges can be addressed through action planning, and how to ensure critical success with the most important stakeholders 

Who Should Attend?

The program is designed for mid- to senior-level staff and managers involved in regulatory and supervisory activities at banking authorities. Participants should have at least three years of working experience in financial sector supervision, analysis, or policy, and be proficient in English.

Where is the Program?

The program is held at the Schulich School of Business at York University in Toronto, Canada’s largest city and the centre of its banking and financial services industry. Accommodations are available onsite. At the start of the program, participants will be treated to a networking tour of some the most popular attractions in and around Niagara Falls.

Registration Information

Registration is now open. 

EARLY BIRD PAYMENT DEADLINE: April 1

REGISTRATION CLOSES: May 12


Program Venue

Executive Learning Centre
Schulich School of Business,
York University
4700 Keele Street
Toronto, Ontario
M3J 1P3
Canada

On-Campus Address:
56 Fine Arts Road
Accommodation: Schulich School of Business, York University
Please note this program is closed to the media.

Program Contact

Madina Ibragimova
mibragimova@torontocentre.org