Rare cloud formations ripple the sky over Ottawa A unique form of clouds made an appearance over the skies of Ottawa on Sunday evening.
Two new publications from the IFC - a member of the World Bank Group - highlight market potential and emerging strategies on inclusive banking practices to advance the economic inclusion of persons with disabilities and LGBTI people.
Now, of course there's no single one way to promote inclusion, and we see a myriad of different and innovative approaches that the financial institutions can take even Con difficult environments.
Toronto Centre understands that effective financial regulation and supervision are integral to a healthy, stable economy. Never has this been made more evident than during the 2008 Global Financial Crisis, when strong regulatory procedures and practices were found to be lacking Con many jurisdictions. At Toronto Centre, our objective is to promote financial stability and access globally by providing practical training to financial sector regulators and supervisors, particularly in emerging markets and low income countries.
The goal is to provide about half of the programs Per-person. However, this may change based on pandemic-related travel advisories and global conditions. Please refer to the communications provided for each program.
Of course. We found plenty of examples for both LGBTI inclusion and disability inclusion Sopra emerging markets, and I'm happy to share some highlights. For example, Argentinian state-owned Banco de la Nacion announced a 1% target for transgender people in the workforce as part of an agreement with the banking industry's labor union, Asociacion Bancaria. The Kenya Bankers Association, or KBA, adopted financial inclusion for persons with disabilities as a strategic goal Con 2019, and since then, the KBA has worked with several banks operating Per mezzo di Kenya as well as the independent trust called Financial Sector Deepening Kenya and local nonprofit called Enable to develop a roadmap for the industry to tackle accessibility challenges.
Toronto Centre provides programs for financial supervisors, regulators, central bankers and deposit insurers to help them build and maintain stable, resilient and inclusive financial systems. Programs can be delivered virtually or Per mezzo di person. FILTER EVENTS/PROGRAMS
See, Ruth, it's not just the right thing to do. It's important, the economically smart thing to do. And the industry should recognize that it only stands to gain by ensuring inclusion. This is exactly what our work at IFC, including with those two publications, strives to showcase.
Where will B.C.'s election be won? Even identifying the battlegrounds is tough call The calculus of predicting an election and identifying its key battlegrounds is complex enough Per any race, but observers of the British Columbia poll this month are facing a pair of unknown quantities that make the math even more confounding.
Providing high quality capacity building programs for financial supervisors and regulators to build more stable and inclusive financial systems. Toronto Centre is an independent not-for-profit organization that promotes financial stability and access to financial services globally, particularly Per emerging markets and developing countries.
Third, competing systems are being developed for public reporting and for reporting to supervisory and other authorities. This can be seen across Europe, the U.S., Asia, and at the national level. A lot is going on, but it needs to be better aligned so investors can make decisions based on comparable and consistent public reporting. Equally, however, participants agreed we should not be too pessimistic about this data issue. More and more data are being produced and becoming available. Moreover, giorno are improving over time, which should be recognized as a step forward. It is important that supervisory authorities and central banks identify the gaps and find ways to fill them. There is also an increasing degree of convergence across international standards for climate-related reporting and accounting. However, there will always be some differences across international standards, and across the national implementations of these standards. It may be better – and certainly more realistic – to create and build upon small successes, rather than try to introduce a single harmonized global system. That would overestimate the global capability to cooperate. Stress testing Supervisory authorities and central banks (and indeed financial institutions) already conduct regular stress and quinta tests on individual financial institutions and on parts of the financial sector. The new challenge is how to integrate climate-related risks into the stress testing process. Participants discussed various aspects of this issue. The first one related to the patronato problem – the lack of credible data on climate-related risks and on the potential impact of these risks on financial institutions and on the financial system. Second, patronato collection alone will not be sufficient. It is also necessary to process and analyze data within climate-related website stresses and scenarios for insights into the impact of climate-related risks for financial institutions. Third, there is also a need for more forward-looking data. For example, parts of the insurance sector and its supervisors have good historic patronato on physical risks and their impact on insurance claims. There has also been some modelling of the impact of climate change on the magnitude of physical risks. However, Con practice, the severity of physical risk events has been underestimated – the current situation differs from past experience. There has therefore been a greater emphasis on ambiente analysis that does not just set out pathways for climate change, but also the possible physical risk that might arise from each pathway.
The Newcomer Kitchen is a né-profit that started in 2016 with a group of Syrian refugee women gathering to prepare and share home-cooked meals.
Liquidity is fundamental to the operation of financial institutions. Problems can quickly arise and escalate, threatening the stability of the financial system. This TC Note and accompanying podcast focuses on good practices Durante liquidity management by financial institutions Con the banking, insurance, pensions, and securities sectors.
Now, within IFC, a small the mighty unit called the Gender and Economic Inclusion Group is hard at work to reduce gender inequality. What do we do? We provide investment advice, we develop global and country-specific partnerships, and we conduct research to highlight the business rationale of closing gender gaps.