Toronto Centre International Program for Banking Supervisors

Tackling New Supervisory Challenges: From Fintech to Resolution

Sunday, June 3, 2018 - Friday, June 8, 2018

Program Overview

The post-crisis regulatory reforms are now largely agreed, if not yet fully implemented.   They are intended to make banks and other financial institutions more resilient, and to enable failing systemically important banks to be resolved in a more orderly fashion.  This program will examine the challenges that emerging market economies face in implementing the post-crisis reforms.

Meanwhile, new technological innovations are reshaping the financial services industry. The evolving development and increasing use of financial technology is driving financial innovations in banking products, sales, marketing and distribution systems, with consequences for business models and sources of operational risks. The challenge for policy makers is how to harness the benefits of FinTech and minimize risks without stifling innovation. 

This program will examine the implications of these regulatory and technological developments for banking supervisors. There is a greater requirement for 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 macroprudential authorities, both nationally and across jurisdictions. There are also implications 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.

Interactive case studies and crisis management activities will help participants explore how to coordinate effectively with stakeholders during a crisis. The program will explore tools and techniques to deal with the conflicting demands of different stakeholders and the systemic consequences of a bank failure, and to adapt rapidly changing financial and operational stresses that threaten the strength and resilience of the system.

Program Objectives

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

  • Deal with supervisory challenges posed by evolving innovative technologies in finance 
  • Enhance risk assessments and response capabilities to regulatory developments and financial innovations
  • Work with other authorities, both nationally and internationally, to successfully apply the new regulatory approaches to resolution and macroprudential policy 
  • Address leadership challenges through action planning and learn how to ensure critical success with the most important stakeholders
  • Achieve more consistent implementation of international standards

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.

Registration Details

Program Fee: US$3,000                 
Early Bird Discounted Fee: US$2,500*

*Payment made by April 1

Where is the Program?

The program will be held at the Schulich School of Business at York University. Accommodations are available on-site at the Schulich Executive Learning Centre. 

Networking Tour

Participants are invited to take part in a sightseeing tour of the world-renowned Niagara Falls at the beginning of the program. They will have a chance to network with peers while experiencing the thundering roar and powerful mist of the falls up close.

 

Program Materials

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

Program Contact

Karen Nguyen
karen@torontocentre.org