Ep. 152: Operational Resilience and Proportionality

This was the fourth webinar of the series on the revised Core Principles for effective banking supervision.The revised Core Principle 25 emphasizes banks’ capacity to handle severe operational risks, including pandemics, cyber threats, and natural disasters. Additionally, the revisions introduce a proportionality approach, aligning regulatory rules and supervisory practices with each bank's systemic importance and risk profile. This ensures that standards are scaled appropriately, from large international institutions to smaller deposit-taking banks, without compromising regulatory strength.The panel discussed the importance of operational resilience for banks in a rapidly changing world, as well as the role of proportionality in effectively scaling standards for different banking sectors.Panelists:Chuchi G. Fonacier, Deputy Governor, Central Bank of PhilippinesJessica Chew, Deputy Governor, Bank Negara MalaysiaModerator:Bill Coen, Former Secretary General, Basel Committee on Banking Supervision; Board Member and Chair, Finance, Audit and Risk Committee, Toronto CentreRead the transcript here (https://torcentre.sharepoint.com/:b:/s/Files/ET5VD-fKRdhJo0tNBJTAFA8BYkCEv0E3tvEsQgGiJTUJGA?e=2YChg5). Read their biographies here (https://torcentre.sharepoint.com/:b:/s/Files/EbpdZcUZSl1EosJuGp-y7TIBEol7076pNIsswdBs6y1Wnw?e=nBDhp7).https://www.torontocentre.org/ (https://www.torontocentre.org/)

Om Podcasten

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 in emerging markets and developing countries. www.torontocentre.org 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 in 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.