Advertise on podcast: Toronto Centre Podcasts

In this podcast, Vladimir Radunović and Anastasiya Kazakova of Diplo discuss how cyber threats, AI, and geopolitical tensions are creating new risks for financial institutions and critical infrastructure. They explore the challenges of managing complex technology supply chains, third-party dependencies, and rapidly evolving cyber risks, emphasizing the need for greater operational resilience, continuous oversight, and stronger collaboration between regulators, industry, and technical experts. They also highlight how financial supervisors can better adapt governance and regulatory frameworks to keep pace with technological change. Listen now to gain valuable insights. Guests: Vladimir Radunović, Director, Cybersecurity and Diplomacy, Diplo Anastasiya Kazakova, Cyber Diplomacy Knowledge Fellow, Geneva Dialogue Project Coordinator, Diplo Host:  Vikash Thakoor, Program Director, Toronto Centre Read the transcript. Read their biographies.

Financial stability and national security are becoming increasingly interconnected. In this podcast, Bill Coen, Toronto Centre board member speaks with Tom Keatinge, Founding Director of the Centre for Finance and Security at RUSI, about how geopolitical tensions, state-sponsored financial activity, cyber threats, and emerging technologies are reshaping the supervisory landscape. Their discussion explores why supervisors need to think beyond traditional AML/CTF frameworks, prepare for emerging security threats, and adopt a broader national security perspective in their oversight activities. Listen now to learn more about the changing landscape of financial supervision and national security. Guest: Tom Keatinge, Founding Director, Centre for Finance and Security, Royal United Services Institute Host:  Bill Coen, Board Member and Chair, Finance, Audit and Risk Committee, Toronto Centre Read the transcript. Read their biographies.

In this podcast, Frank Lofranco, Deputy Commissioner, Supervision and Enforcement at the Financial Consumer Agency of Canada, examines the growing importance of consumer protection in today's financial system. He discusses the development of risk-based market conduct supervision, the role of compliance in achieving positive consumer outcomes, and the steps financial institutions can take to build regulatory confidence when introducing innovative products and services. He also shares practical advice for regulators and supervisors responsible for designing and overseeing consumer protection frameworks. Listen now to gain valuable insights. Guest:  Frank Lofranco, Deputy Commissioner, Supervision and Enforcement, Financial Consumer Agency of Canada Host:  Anatol Monid, Senior Director, Programs, Toronto Centre Listen to the podcast. Read the transcript. Read their biographies.

This new TC Note and podcast examines the role of enforcement powers in effective supervisory intervention. They provide practical guidance on when enforcement action may be warranted, how it can advance supervisory objectives, and what is required to support a credible, transparent, and proportionate enforcement framework. Key topics include: The role of enforcement within the supervisory toolkitCommon enforcement powers available to supervisory authoritiesFactors to consider when deciding whether to take enforcement actionGovernance and process considerations that promote effective outcomes Guest:  Clive Briault, Chair, Banking Advisory Board, Toronto Centre Host:  Demet Çanakçı, Acting Senior Director, Supervisory Guidance, Toronto Centre Read the transcript. Read their biographies.

As open finance expands, effective oversight and supervision are essential to managing data-sharing risks, maintaining trust, and ensuring financial systems remain safe, competitive, and resilient. Embedding monitoring and supervisory frameworks from the outset can help authorities support innovation while protecting consumers and promoting financial inclusion. In this podcast, the speakers discuss emerging approaches to open finance oversight and supervision. They explore ecosystem-wide oversight, risk-based supervision, operational resilience, performance monitoring, and how financial authorities can build effective frameworks that support innovation, competition, and consumer trust. Guests:  Denise Dias, Senior Financial Sector Specialist, CGAP Ivo Jeník, Senior Financial Sector Specialist, CGAP Rafe Mazer, Director, Fair Finance Consulting Host:  Michel Canta, Program Director, Toronto Centre Read the transcript. Read their biographies.

Part of our Quantum Computing and Financial Supervision podcast series. As quantum computing moves from theory to real-world application, it has the potential to reshape key aspects of financial systems, from risk modelling and analytics to cybersecurity. While large-scale quantum capabilities are still developing, their future ability to compromise existing encryption standards presents a material risk to data security and financial stability. In this three-part series, Jennifer Elliott and Professor Michele Mosca explore what this emerging technology means for the financial sector and how supervisors can begin to prepare. In this final episode, they discuss how financial supervisors can prepare for quantum-related risks, strengthen cryptographic resilience, and build the governance, oversight, and risk management frameworks needed to safeguard the financial system. Guest:  Michele Mosca, Professor, Institute for Quantum Computing, University of Waterloo Host:  Jennifer Elliott, Assistant Director, Monetary and Capital Markets, IMF; Board Member, Toronto Centre Read the transcript: https://shorturl.at/l0UCS Read their biographies: https://shorturl.at/ZajYU

This TC Note and accompanyng podcast provides practical guidance to supervisors in emerging economies on the role of policyholder protection schemes (PPSs), as climate-related risks are affecting insurer vulnerability and recent events reveal new intracacies about the interaction between catastrophes and insurer failure. Additionally, the Note: Clarifies what PPSs are and describes the global landscapeExplains how climate change affects supervisory assumptionsPresents lessons from recent catastrophe-related casesSuggests supervisory priorities in jurisdictions with and without PPSs Guest:  Michael Hafeman, Program Leader, Toronto Centre Host:  Mamta Suri, Program Director, Toronto Centre Read the transcript. Read their biographies.

Part of our Quantum Computing and Financial Supervision podcast series. As quantum computing moves from theory to real-world application, it has the potential to reshape key aspects of financial systems, from risk modelling and analytics to cybersecurity. While large-scale quantum capabilities are still developing, their future ability to compromise existing encryption standards presents a material risk to data security and financial stability. In this three-part series, Jennifer Elliott and Professor Michele Mosca explore what this emerging technology means for the financial sector and how supervisors can begin to prepare. Episode two examines how quantum computing could disrupt current encryption standards, putting sensitive data and financial transactions at risk while creating new operational and systemic challenges for the financial sector. Guest:  Michele Mosca, Professor, Institute for Quantum Computing, University of Waterloo Host:  Jennifer Elliott, Assistant Director, Monetary and Capital Markets, IMF; Board Member, Toronto Centre Read the transcript here. Read their biographies here. Listen to the first episode: Introduction to Quantum and Financial Services.

Alors que le Canada cherche à accroître les investissements durables et à soutenir la transition vers une économie carboneutre, une nouvelle taxonomie de la finance durable vise à fournir un cadre commun pour identifier les activités vertes, de transition et de réduction des émissions. Fondée sur des critères scientifiques, elle vise à améliorer la transparence, réduire l’écoblanchiment et orienter les capitaux vers des solutions climatiques. Dans cet balado, Jean Lorrain s’entretient avec Marlene Puffer, présidente du Conseil canadien de la taxonomie et de la planification de la transition. Ils discutent du cadre proposé, de l’importance de l’harmonisation internationale, du rôle de la taxonomie dans la mobilisation des investissements et la supervision des risques climatiques, ainsi que de sa contribution à l’intégrité des marchés et à la carboneutralité du Canada. Invitée:  Marlene K. Puffer, Présidente, Conseil canadien sur la taxonomie et de la transition, Parcours des entreprises de demain Animateur:  Jean Lorrain, Président, Conseil consultatif sur les valeurs mobilières, Toronto Centre Lisez la transcription ici. Lisez leurs biographies ici.

As Canada works to scale sustainable investment and support the transition to a net-zero economy, a new Sustainable Finance Taxonomy aims to provide a common framework for identifying green, transition, and emissions-abatement activities. By creating clear, science-based definitions and safeguards, the taxonomy is intended to improve transparency, reduce greenwashing, and help direct capital toward climate solutions. In this podcast, Jean Lorrain speaks with Marlene Puffer, Chair of the Canadian Taxonomy and Transition Planning Council. They discuss the proposed framework, the importance of international alignment and interoperability, the role of the taxonomy in mobilizing investment and supporting climate-related risk oversight, and how it can strengthen market integrity while advancing Canada’s net-zero ambitions. Guest:  Marlene K. Puffer, Chair, Canadian Taxonomy and Transition Planning Council, Business Future Pathways Host:  Jean Lorrain, Chair, Securities Advisory Board, Toronto Centre Read the transcript here. Read their biographies here.

Part of our Quantum Computing and Financial Supervision podcast series. As quantum computing moves from theory to real-world application, it has the potential to reshape key aspects of financial systems, from risk modelling and analytics to cybersecurity. While large-scale quantum capabilities are still developing, their future ability to compromise existing encryption standards presents a material risk to data security and financial stability. In this three-part series, Jennifer Elliott and Professor Michele Mosca explore what this emerging technology means for the financial sector and how supervisors can begin to prepare. In this introductory episode, they discuss what quantum computing is, why it matters for financial services, the risks it could create, and how supervisors should begin preparing. Guest:  Michele Mosca, Professor, Institute for Quantum Computing, University of Waterloo Host:  Jennifer Elliott, Assistant Director, Monetary and Capital Markets, IMF; Board Member, Toronto Centre Read the transcript here. Read their biographies here.

La conversación resalta los principales retos en la supervisión de neobancos y otros intermediarios digitales, enfatizando el principio de “misma actividad, mismo riesgo, misma regulación” bajo un enfoque de neutralidad tecnológica. Se subraya que la digitalización no reduce los riesgos, sino que los desplaza hacia lo operativo y tecnológico, lo que exige mayores estándares en ciberseguridad, continuidad y gestión de terceros, así como evitar arbitrajes regulatorios y fortalecer la cooperación internacional. Asimismo, se destaca la necesidad de modernizar la supervisión mediante herramientas SupTech y un uso intensivo de datos para una vigilancia más preventiva y eficiente. Se enfatiza el equilibrio entre promover la innovación, a través de sandboxes, open finance y marcos proporcionales, y preservar la estabilidad financiera, la protección al consumidor y la integridad del sistema, junto con el fortalecimiento de procesos digitales que impulsen la inclusión financiera con controles robustos. Orador Invitado: Jorge Mogrovejo González, Presidente, Asociación de Supervisores Bancarios de las Américas (ASBA); Superintendente Adjunto, Banca y Microfinanzas, Superintendencia de Banca y Seguros del Perú Presentador:  Michel Canta, Director de Programas, Toronto Centre Lee la transcripción aqui.  Lee sus biografías aqui. Read the English transcript here.

Cyber and Operational Risk in the Quantum Era: Financial Stability amid Escalating Geopolitical Conflict This panel took place at the 2026 International Monetary Fund and World Bank Group Spring Meetings. Financial stability is under fire as geopolitics and cyber risk collide. As global tensions intensify and technological capabilities accelerate, financial institutions face a rapidly evolving threat landscape where cyber operations, financial crime, and state-sponsored actors are increasingly intertwined. From ransomware campaigns and sanctions evasion to sophisticated cyber intrusions targeting critical infrastructure, adversaries are exploiting digital systems and global financial networks in new and complex ways. As these threats continue to evolve, the quantum horizon introduces an additional layer of strategic risk. This executive panel will examine how advances in quantum computing could reshape cyber and operational risk across the financial sector, while also considering the growing convergence between cyber-enabled crime, ransomware payments, sanctions evasion, and global illicit finance networks. Leaders from policy, finance, and technology will explore the implications of quantum-enabled decryption, the expanding links between cyber threats and illicit finance, and the operational vulnerabilities that could undermine confidence in critical financial infrastructure. The discussion focused on how institutions and regulators can strengthen resilience, enhance cross-border coordination, and prepare for a future in which emerging technologies, cyber conflict, ransomware, and financial crime increasingly intersect. The panel explored what these developments mean for international efforts to combat cyber-enabled financial crime and how global standards bodies, national authorities, and financial institutions can strengthen cooperation to protect the integrity and resilience of the international financial system. Opening Remarks: Cindy Termorshuizen, Deputy Minister of International Development, Government of Canada Panelists: Giles Thomson, Director, Economic Crime and Sanctions, His Majesty's Treasury; Incoming President, FATF Stefan Ingves, Chair, Toronto Centre; Former Governor, Sveriges Riksbank Michele Mosca, Professor, Institute for Quantum Computing, University of Waterloo Moderator: Jennifer Elliott, Assistant Director, Monetary and Capital Markets, IMF; Board Member, Toronto Centre Watch the executive panel session here. Read the transcript here. Read their biographies here.

This podcast was recorded to commemorate Earth Day 2026. In this podcast, Shri Amarjeet Singh discusses India's approach towards sustainability and climate action, including: Commitments announced at COP26, including the reducing emissions with short- and long-term goalsComprehensive frameworks for ESG, green bonds, and sustainability-linked bondsThe SEBI Business Responsibility and Sustainability Report for climate-related disclosuresSpecific measures to mitigate the risk of greenwashing Guest:  Shri Amarjeet Singh, Whole-time Member, Securities and Exchange Board of India (SEBI) Host:  Mamta Suri, Program Director, Toronto Centre Read the transcript here. Read their biographies here.

There is growing pressure to ease post-Global Financial Crisis regulatory and supervisory frameworks and to simplify financial supervision. This TC Note makes proposals for supervisory effectiveness and—where consistent with more effective supervision—the simplification of supervisory methodologies and processes. Drawing on lessons from recent bank failures, it identifies three ways to make supervision more effective in identifying and mitigating unacceptable risks: Fully implementing risk-based supervision Enhancing cross cooperation and collaboration among supervisory authorities and other organizationsUsing SupTech carefully, recognizing the need for human intervention and judgement Guest:  Clive Briault, Chair, Banking Advisory Board, Toronto Centre Host:  Demet Çanakçı, Senior Program Director, Toronto Centre Read the transcript here. Read their biographies here.