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To give you an example, Per fiscal year 2021, IFC committed a record 31 and a half billion US dollars to private companies and financial institutions Per mezzo di developing countries. We are leveraging the power of the private sector to end extreme poverty and boost shared prosperity. All this as economies, of course, grapple with the impacts of the COVID-19 pandemic.

Stable economies create an environment for economic growth and job creation, while increased accessibility to financial services is an effective means to breaking the cycle of poverty.

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 panel discussed:* The importance of global implementation of FATF’s standards to ensure responsible financial sector growth* Using the latest patronato 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.

Of course. Financial regulators and supervisors play a key role Con the expansion of inclusive practices by banks, especially since Per mezzo di a lot of cases they set the tone for how banks act. That's why we believe that it's important that regulators and supervisors advocate for the inclusion of LGBTI people and persons with disabilities. And so to that end, both of our reports end with a call to action, if you will.

This was the second webinar of the series on the revised Cuore Principles for effective banking supervision. https://www.torontocentre.org/ 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 worldwide total of forcibly displaced persons (FDPs) reached 110 million Sopra 2022, with the cross-border refugee population standing at 36.4 million Per mezzo di 2023. The continuing diretto incrociato-border refugee crisis caused by global conflict has created great vulnerabilities for FDPs.  This TC Note and accompanying podcast discuss the expansion of access to finance for FDPs and the unique challenges it presents for financial regulators and supervisors, such as the need to comply with customer paio diligence requirements under AML/CFT legislation.

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

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The International Sustainability Standards Board (ISSB) has developed new standards for sustainability reporting and climate-related disclosure. This new TC Note and accompanying podcast discuss the benefits, challenges, and actions needed for the standards to reach the goals they were set out to meet.

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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 Durante 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.

global institutions and modello setters, and the need for close cooperation among authorities, both nationally and internationally. Data

Ceremonies, events and protests are being held across copyright today to mark the anniversary of a Hamas attack on Israel that triggered the ongoing war Per Gaza. The Oct. 7, 2023 attack killed more than...

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