Toronto Centre Podcasts – Details, episodes & analysis

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/

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:

• How closing the protection against gap for natural catastrophes could improve financial stability, particularly for emerging markets and developing economies
• The importance of improving consumer financial literacy
• Creating an enabling regulatory and supervisory environment to expand access to affordable insurance products

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/

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.

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