Toronto Centre

Agenda is available now for our International Crisis Preparedness and Resolution Options Program, taking place in Riga, Latvia. This program is being delivered in partnership with Riksbanken and Latvijas Banka.

Read the agenda and register here: https://shorturl.at/J0Jxb

In today’s complex and interconnected financial system, early detection and effective crisis response are critical skills for financial supervisors.

Through group activities and an interactive simulation, this program equips participants with the practical tools and frameworks needed to monitor the financial sector, respond to early warning signs, and take decisive action when facing an impending crisis, such as a failing bank.

Participants will also examine how supervisory authorities coordinate with one another and with other domestic and international bodies during a crisis.

Register now for our Green and Sustainable Finance: Supervisory Perspectives Program.

Register here: https://shorturl.at/4ygPE

This virtual, five-half day, cross-sectoral program cultivates in-depth knowledge about the supervisor’s role in developing successful green and sustainable financial markets and instruments.

Program Outcomes:

- Build green taxonomies and supervisory frameworks, using green bonds and other green financial instruments
- Reduce greenwashing within institutions and jurisdictions
- Understand blended finance and how to responsibly unlock capital for green and transition projects.

This is a mandatory program for the Climate Risk Certification (CRC), but is open to others. Learn more about the CRC here: https://ow.ly/q8iV50Vxrcs

Register now for our Digital Financial Services Supervision Program.

ODA-eligible participants can save US$375 by registering through Friday, June 19.

Register here: https://shorturl.at/Wx2lj

Digital financial products are transforming financial services, bringing new opportunities, and new supervisory challenges. This program provides practical tools and insights to effectively supervise digital financial services (DFS) while safeguarding financial stability and supporting financial inclusion.

Upon completing the program, participants will improve their understanding of risks to financial stability, consumer protection, and market integrity arising from DFS, understand how to develop and implement appropriate risk-based approaches for DFS, and enhance their capacity to oversee DFS in a way that supports both financial stability and inclusive financial sector development.

This is an elective Level 2/Effective program of our Certified Financial Supervisor (CFS) designation, and is open to both CFS participants and non-CFS participants.

Congratulations to Jersey Overseas Aid (JOA) on the publication of their 2025 annual report.

JOA’s mission is to translate the generosity, skills and compassion of the people of Jersey into effective assistance for the world’s most vulnerable people.

We are grateful for JOA's project-specific funding, allowing us to provide high-quality capacity building programs for financial supervisors and regulators and develop stable and accessible financial systems.

Read the report via the link in the below post.

Read the new TC Note "Supervisory Independence" here: https://shorturl.at/IRmU9

This Toronto Centre Note discusses six aspects of the independence of supervisory authorities:

- Why supervisory independence matters
- Accountability
- Threats to supervisory independence from government and the financial sector
- Institutional arrangements
- Financial stability
- Emerging risks, including climate-related risks and FinTech.

This TC Note was inspired by a previous Toronto Centre virtual executive panel "Supervisory Independence: Principles, Practice, and Policy Trade-offs," watch it here: https://shorturl.at/YWHwD

New podcast!

Our latest podcast, "Retos en la Supervisión de Neobancos y Otros Intermediarios Financieros Digitales," is available now.

Listen here: https://shorturl.at/CZ49s

This podcast, featuring Jorge Mogrovejo González, President, Association of Supervisors of Banks of the Americas (ASBA), and Deputy Superintendent for Banking and Microfinance, Superintendencia de Banca, Seguros y AFP del Perú, highlights key challenges in supervising neobanks and digital intermediaries, emphasizing “same activity, same risk, same regulation,” the shift of risks toward operational and technological areas, and the need to balance innovation with financial stability and consumer protection.

Speaker:
Jorge Mogrovejo González, Presidente, Asociación de Supervisores Bancarios de las Américas (ASBA); Superintendente Adjunto, Banca y Microfinanzas, Superintendencia de Banca, Seguros y AFP del Perú

Host:
Michel Canta, Program Director, Toronto Centre

Today, Toronto Centre began our Climate and Biodiversity Loss: Scenario Analysis and Stress Testing Program, the second program in our Climate Risk Certification (CRC).

46 participants from 22 countries gathered to deepen their understanding of climate risks and biodiversity loss through advanced analytical techniques, and to examine how different countries implement climate stress testing, practices, innovations, and regulatory expectations.

We look forward to the rest of the program together.

Learn more about the CRC here: https://shorturl.at/7VMzH

Registration closes soon!

Don't forget to register for our Supervising Financial Conglomerates Program.

Register here: https://shorturl.at/dFnL0

This program improves understanding of cross-sector and cross-border supervision for effective oversight of financial conglomerates. It provides practical approaches in conglomerate group supervision, supervisory intervention, and crisis coordination.

Speakers:
- Ian Tower, Program Leader, Toronto Centre
- Paul Wright, Program Leader, Toronto Centre

This is an elective Level 2/Effective program of our Certified Financial Supervisor (CFS) designation, and is open to both CFS participants and non-CFS participants.

Congratulations to the winners of our 2026 John Palmer Scholarships!

Raynold Micah Moveni, Deputy Governor, Central Bank of Solomon Islands
Tanele Patricia Nsibandze, Senior Prudential Analyst, Financial Services Regulatory Authority (FSRA), Central Bank of Lesotho
Francis Kafwembe, Senior Analyst, Financial Market Intermediaries, Securities and Exchange Commission - SEC Zambia

We look forward to seeing you in Bangkok next month!