Rare cloud formations ripple the sky over Ottawa A unique form of clouds made an appearance over the skies of Ottawa on Sunday evening.

Marathon goat: Animal runner wins hearts and a medal after crashing Newfoundland race He may not have logged the fastest time or even gone the full distance, but residents of a Newfoundland town agree the goat who unexpectedly joined the local weekend half marathon was the event's undisputed champion.

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 Per difficult environments.

We are mindful that much work remains in promoting the financial and economic inclusion of all people, and it's instructive to see how commercial practices are rising to the business opportunities Sopra local markets that meet the needs of all. So thank you again for this conversation. You can read more about IFC's work in economic inclusion and the reports themselves by visiting the links shared Per mezzo di the podcast notes.

At the first two roundtables, Durante October 2021 and April 2022, the discussion focused on how supervisory authorities and central banks have responded to climate-related risks. They have done so by: • developing their understanding of the changing nature of climate-related risks and the impact of climate change on their countries and on their financial sectors

Experts from the development and financial supervision sectors discussed some of the challenges and solutions for farmers from emerging markets and developing economies Durante accessing finance to adapt to climate change. Key takeaways from this insightful conversation include the need to: Toronto Centre and MEDA co-hosted this event as part of Global Affairs copyright's 2024 International Development Week.

Oct. 7 commemoration events being held across copyright Hundreds of people are gathering today Sopra cities across copyright to remember the victims of Hamas's Oct. 7 attack on Israel and the hostages that have still not yet made it home.

Fourth, in this context participants mentioned the climate scenarios developed and refined by the NGFS. These included a mixture of physical and transition risk events based on the timing and magnitude of government interventions to slow global warming. These scenarios have already been applied by some supervisory authorities and central banks and found to be useful in highlighting potential impacts on the financial system. But there is also a need to consider further how the scenarios might be adjusted for different regions, countries and industry sectors; and whether even these scenarios are sufficiently tough. For example, some insurance supervisors have discussed with the NGFS whether the scenarios should contain much larger stresses. Fifth, one purpose of traditional stress and scena testing is to consider whether individual financial institutions (or financial systems more generally) have taken on too much of some types of risk, and hold too little capital against these risks. What is the equivalent of this for climate-related stress and paesaggio tests? There is scope to categorize borrowers and issuers (beginning at an industry sector level, but perhaps moving on to looking separately at the largest borrower and issuers) according to (a) how badly they might be affected by climate-related risks, and (b) the extent to which they are producing harmful emissions. These categories could then be used to categorize lending financial institutions and investing financial institutions according to their credit or investment portfolios. Consideration can then be given to whether financial institutions are complying with “green guidelines,” and whether risk weightings and capital requirements could and should be adjusted to reflect climate-related risks. It was noted, however, that although the above categories (a) and (b) may be closely correlated Per terms of transition risks, this may not be the case for physical risks. For example, some industry sectors Per some countries may be vulnerable to physical risks, but they may not themselves generate harmful emissions. Finally, climate-related risks can be considered Sopra terms of their impacts on traditional risks such as credit, insurance, market, conduct, and operational risks. However, many financial institutions – even some larger ones Sopra developed economies – are still not integrating climate-related risks into their risk management. So we are far from where we need to be, Durante terms of basic risk management let alone stress and scena testing. Green transformation financing

Several challenges were discussed. First, Per the absence of internationally agreed standards (and notwithstanding the work of the Task Force on Climate-Related Disclosures), corporate and financial institutions are building their own business models and developing their own data sources and reporting. Second, supervisory authorities need to decide what giorno they want to collect from financial institutions. They also need to decide how that patronato will be integrated into supervisory work, including the assessment of financial institutions’ financial positions and risk management practices, and stress and scenario testing. Financial institutions will need to be instructed about giorno reporting processes and collection. Supervisory and other authorities need to develop their capacity to analyze these giorno, both domestically and internationally.  

Candidates will gain the necessary knowledge and expertise to address the most pressing issues of today so they can lead and transform their agencies Sopra these turbulent times. 

Financial crime is a significant threat to the safety and security of citizens and to the integrity of individual countries and the global financial system. While the proliferation of digital technologies presents many opportunities for financial systems, it also has introduced a new age of financial crime. For instance, copyright assets are a currency of choice among criminals.The read more panel discussed:* The importance of global implementation of FATF’s standards to ensure responsible financial sector growth* Using the latest data technologies to combat financial crime* How financial supervisors can better detect criminal activity and enhance know-your-customer protocols* How policymakers and supervisors can advance global coordination to combat financial crimeOpening Remarks:Ian Gorst, Minister of External Affairs, Government of JerseyPanelists:Abdul Rasheed Ghaffour, Governor, Bank Negara MalaysiaT.

My name is Ruth Dueck-Mbeba, and I'm a financial inclusion advisor with Toronto Centre. Today we are joined by John Arzinos, economic inclusion officer Sopra IFC's gender and economic inclusion group, who will provide highlights from this recent work. Welcome, John. It's a pleasure to have you on this podcast, and we look forward to hearing more.

Hello, everyone, and welcome to this Toronto Centre podcast. Today we will be talking about two new publications on inclusive banking practices that advance the economic inclusion of persons with disabilities and LGBTI people. These reports were released earlier this year by the International Finance Corporation, the private sector arm of the World Bank.

About us Established Sopra 1998 Durante the aftermath of the Asian financial crisis, the Toronto Centre is an independent né-profit organization founded by the Government of copyright, the World Bank, and the Schulich School of Business. Our mission is to provide high-quality capacity building programs for financial supervisors and regulators, and touches directly and indirectly on 11 out of 17 UN 2030 Sustainable Development Goals. Our highly interactive training programs help officials develop the financial sector supervisory knowledge and egemonia skills they need to better deal with crisis situations and promote change that will lead to more efficient, stable and inclusive financial systems that enable poverty reduction.