Registration is now closed.
The uncertainty and rapid spread of COVID-19 is having a significant impact on the global economy and, consequently, on the financial system. Insurers have an essential role to play during this crisis by continuing to provide their products and services to individuals, households, and businesses. The current low interest rate environment and heightened levels of market volatility will significantly impact solvency and funding positions of pension plans. Insurance and pensions supervisors must continue to be vigilant, creative and take the necessary, bold and timely steps to promote the safety and soundness and operational resilience of their supervised entities, in support of the protection of policyholders and pension plan holders, and the maintenance of financial stability.
Supervisors and regulators must think beyond traditional risks and incorporate technology, cyber-security and climate-related risks and financial inclusion in their supervisory capacity by adapting their risk assessment frameworks and regulatory responses to effectively deal with financial crises, while continuing to deliver on their early intervention mandate. Toronto Centre has designed this program to help supervisors and regulators in the insurance and pensions sectors integrate key emerging risks into their supervisory risk assessments, as appropriate. This virtual program will provide an excellent platform for participants to generate ideas to address key emerging risks while discussing their own experiences and learning from leading experts and practitioners.
The program is designed for mid- to senior level staff and management from insurance and pensions supervisory authorities involved in regulatory and supervisory activities. Participants should have at least three years of working experience in the financial sector supervision, research and analysis, or policy, and be proficient in English.
Program Fee: Waived.