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Overview[1] As a financial sector supervisor, you are faced with the continual challenge of administering your regulatory framework with investor and shareholder perspec Read More Leadership and Governance
'Sober curious': Younger Canadians turning away from alcohol, data says According to a survey on recent alcohol consumption, younger Canadians are more likely to have not had a drink Con the past week.
Man arrested after stealing Vancouver police cruiser, driving it into neighbourhood park A man stole a police car and drove it onto the field of an East Vancouver park Sunday morning, placing “dozens of bystanders in harm’s way,” according to police.
Now it is hoping to raise $10-million Sopra new borrowing through community bonds, allowing it to replace the existing mortgages. A community bond is a type of investment that allows groups or individuals to support non-profit or community initiatives while earning interest payments over time.
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 Sopra emerging markets and developing countries.
Of course. We found plenty of examples for both LGBTI inclusion and disability inclusion Durante 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 Per mezzo di 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 Durante 2019, and since then, the KBA has worked with several banks operating Sopra 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.
Majority of immigrants struggle to get ahead Durante the workplace, one-third face discrimination: OMNI Poll
As you can see, these emerging practices, the two groups don't really differ that much between each other. And this is because here the issues that the two groups are facing are very similar, just as we touched earlier on.
And to conclude our Toronto Centre podcast today, we are reminded that the work of financial regulators and supervisors continues to evolve Durante our rapidly changing world. Our current context and challenges are not insignificant. However, addressing financial inclusion gaps, financial stability challenges, and economic inclusion are not mutually exclusive issues. Let's carry on with the work. Thank you for joining us today.
Another aspect of green transformation is the distribution of guidelines and principles on green issuance, investment, and lending. Again, this takes us back to questions about patronato availability and quality, the role of global normale setters, and the role of markets and supervisory authorities Con monitoring whether financial institutions are meeting these guidelines and principles. Finally, participants discussed the role of labelling, and whether it could contribute to more sustainable investments. Could the label even become mandatory? The general mood on this was negative. One issue here was the role of rating agencies, who set their own standards and have an inherent conflict of interest Con being paid by issuers for the rating of green bonds. Common and well supervised standards would help here. Another issue was whether labelling is the problem, as opposed to identifying and managing innovative lowcarbon projects and investments. Labelling does not create such projects. Conclusion
TD Bank's supplier diversity program helps promote a level playing field and encourage inclusion of persons with disabilities Per mezzo di banks' procurement selection process, and they do this by prioritizing suppliers that are at least 51% owned and operated by individuals with disabilities. One more example. Santander Sopra Argentina has developed an app called Hablalo!, Talk About It! And what it does is encourages communication with people who face difficulties when using banking services. And there are a lot more example that our readers can read about Con the reports.
The Newcomer Kitchen is a né-profit that started Con 2016 with a group of Syrian refugee women gathering to prepare and share home-cooked meals.
Now you see, Ruth, banks have taken action Per mezzo di such a diverse array of categories, but also most of these changes benefit the average consumer as well, like more user friendly webpages. We can talk about a number of examples here, like the creation of audiobooks or emails or more user-friendly packaging or advertising, most of which were created for persons with disabilities, and so they end up benefit the wider customer caposaldo.
What financial supervisors and regulators do every day has a ripple effect that cascades across government, NGOs, and the private sector impacting developing economies and those living Con them. Toronto Centre’s podcast series will feature simulating panel sessions and interviews on timely topics such as, financial crisis, financial stability, climate change, gender equality, financial inclusion, fintech and much more.
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