Category Archives: Uncategorized

Ep. #21 – Crisis Económica por COVID-19- Retos y Enseñanzas para los Supervisores Financieros



El impacto del COVID-19 está afectando directamente al sector real de la economía mundial. Su impacto varía considerablemente según la región y el país; lo mismo se puede decir de las respuestas de política que las autoridades económicas están implementando en los diferentes países.

Esta situación ha puesto a prueba la resiliencia de todos los participantes del sistema financiero – incluyendo a los supervisores y a los bancos centrales. ¿Cómo han respondido las instituciones financieras en este escenario? ¿Cómo han adaptado sus planes de contingencia para adaptarse de la mejor manera a una situación nunca experimentada? ¿Cómo se ha adaptado el supervisor para cumplir con su mandato?

En este episodio, Juan P. Arango, Director de Programa del Toronto Centre, habla con Jorge Castaño Gutiérrez, Superintendente Financiero de Colombia, sobre los retos y las enseñanzas que nos va dejando esta crisis a los supervisores, la supervisión de los riesgos que adquieren mayor relevancia en este escenario., entre otros temas.


Ep. #20 – The Art and Science of Business Continuity Planning (BCP)



In this episode, Babak Abbaszadeh and Gerry Lewis sit down for a candid discussion on the importance of business continuity planning.  Babak shares how Toronto Centre’s crisis preparedness and action planning methodology helped to shape Toronto Centre’s continuity plan. They discuss the need for a BCP to evolve through the stages of a crisis, and the resilience and adaptability of people to respond in a crisis. They also discuss if it is even possible to create a BCP that can withstands all crisis scenarios.


Ep. #19 – Pandemics and Financial Stability: Toronto Centre Webcast Series (Part 3)



This is the third part of a Toronto Centre Webcast Series to help financial Supervisors and Regulators gain insights and perspectives on COVID-19 and its impact on the global financial system from supervisory experts.


Ep. #19 – Pandemics and Financial Stability: Toronto Centre Webcast Series (Part 2)



This is the second part of a Toronto Centre Webcast Series to help financial Supervisors and Regulators gain insights and perspectives on COVID-19 and its impact on the global financial system from supervisory experts.


Ep. #19 – Pandemics and Financial Stability: Toronto Centre Webcast Series (Part 1)



This Toronto Centre Webinar will help financial Supervisors and Regulators gain insights and perspectives on COVID-19 and its impact on the global financial system from supervisory experts.


Ep. #18 – Greening Finance: Climate Change and its Impact on the Worlds Financial System (Part II)



On February 3, Toronto Centre held a Fireside Chat at the 30th International Development Week in Ottawa, Canada. The speakers who participated were Timothy Antoine, Governor of Eastern Caribbean Central Bank, Nezha Hayat, Chairperson and Chief Executive Officer of AMMC – Morocco’s Capital Market Authority, Anthony Nyong, Director of Climate Change and Green Growth African Development Bank, and the event was moderated by Christine Hogan, Deputy Minister of Environment and Climate Change, Government of Canada.https://media.blubrry.com/torontocentrepodcasts/content.blubrry.com/torontocentrepodcasts/Ep._18_Greening_Finance-_Climate_Change_and_its_Impact_on_the_Worlds_Financial_System_Part_II_.mp3

In support of SDG 13, the speakers discussed the impact of climate risk on financial systems and the role financial supervisors and regulators can play. They also shared their insights and learnings from the activities undertaken with Toronto Centre in their jurisdictions to support the greening of capital markets and the increase of financial system resiliency.


Ep. #18 – Greening Finance: Climate Change and its Impact on the Worlds Financial System (Part I)



On February 3, Toronto Centre held a Fireside Chat at the 30th International Development Week in Ottawa, Canada. The speakers who participated were Timothy Antoine, Governor of Eastern Caribbean Central Bank, Nezha Hayat, Chairperson and Chief Executive Officer of AMMC – Morocco’s Capital Market Authority, Anthony Nyong, Director of Climate Change and Green Growth African Development Bank, and the event was moderated by Christine Hogan, Deputy Minister of Environment and Climate Change, Government of Canada.

In support of SDG 13, the speakers discussed the impact of climate risk on financial systems and the role financial supervisors and regulators can play. They also shared their insights and learnings from the activities undertaken with Toronto Centre in their jurisdictions to support the greening of capital markets and the increase of financial system resiliency.


Ep. #17 – La Importancia de Desarrollar a los Mercados de Capitales (ESP)



Si bien algunos países tienen el lujo de darlo por sentado, un mercado de capitales bien desarrollado y viable puede tener un impacto significativo en la economía de un país. Desarrollar un mercado de capitales no es una tarea fácil, pero existen numerosos recursos disponibles para los reguladores y supervisores, así como para otros participantes del mercado. 

En este podcast, Ilana Singer, Presidenta de la Junta Asesora de Valores de Toronto Centre, habla con Ana Fiorella Carvajal. Ana tiene más de 25 años de experiencia en temas del sector financiero con un enfoque en el desarrollo, regulación y supervisión del mercado de capitales. Actualmente, Ana es la especialista líder en el mercado de valores del Grupo Banco Mundial. Entre sus funciones, asesora a países en temas relacionados con el desarrollo de mercados de capitales y ha dirigido misiones de asistencia técnica en una amplia gama de mercados emergentes y otros países. Antes de unirse al Grupo Banco Mundial, Ana trabajó como experta senior del sector financiero en el Fondo Monetario Internacional.


Ep. #17 – The Importance of Developing Capital Markets (ENG)



While it’s something that certain countries have the luxury of taking for granted, a well-developed and viable capital market can have a significant impact on a country’s economy. It is not an easy task to develop a capital market, but there are numerous resources that are available to regulators and supervisors, as well as for other market participants. 

In this podcast, Ilana Singer, Chair of the Toronto Centre Securities Advisory Board, is speaking with Ana Fiorella Carvajal. Ana has more than 25 years of experience in financial sector issues with a focus on capital market development, regulation, and supervision. Ana is currently the lead securities market specialist at the World Bank Group. In this role, she advises countries on issues relating to capital market development and has led technical assistance missions in a wide range of the emerging markets and other countries. Prior to joining the World Bank Group, Ana worked as a senior financial sector expert at the International Monetary Fund.


Ep. #16 – Supervising Climate Risk – ECCB’s Perspective



In this podcast Babak Abbaszadeh, CEO of Toronto Centre, interviews ECCB Governor Timothy Antoine on the work of the ECCB to deal with climate and environmental risks.  Governor Antoine highlights how these risks impact financial stability and economic prosperity of small island states.  He strongly encourages all countries to address this issue to protect the well-being of all.

Governor Timothy Antoine is an economist and development practitioner. He was born in Grenada and has served as the third Governor of the Eastern Caribbean Central Bank (ECCB) since 1 February 2016. 

Mr. Antoine spent 14 of his 22 years with the Government of Grenada’s Ministry of Finance as Permanent Secretary, and previously held positions such as Planning Officer and Senior Economist. In addition to his experience as a senior manager, Mr. Antoine has also accrued significant experience in financial regulation, as Chairman of the Grenada Authority for the Regulation of Financial Institutions (regulator of non-banks) and as a member of the Board of Directors of the Eastern Caribbean Central Bank. 

He has also served as Advisor in the Office of the Executive Director for Canada, Ireland and the Caribbean of the World Bank Group and was based in Washington DC. 

Mr. Antoine holds a B.Sc. in Economics from the University of the West Indies, and a M.Sc. in Social Policy and Planning in Developing Countries from the London School of Economics. 

In 2018, he was awarded an Honorary Doctorate in Humane Letters from St George’s University. He was also the recipient of the Order of Grenada Gold Award for Excellence in 2016. 

Mr. Antoine is currently the Chairman of the Eastern Caribbean Home Mortgage Bank, the Chairman of the Eastern Caribbean Securities Exchange and the Chairman of CCRIF SPC.