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See, Ruth, it's not just the right thing to do. It's important, the economically smart thing to do. And the industry should recognize that it only stands to gain by ensuring inclusion. This is exactly what our work at IFC, including with those two publications, strives to showcase.

You see, Ruth, many people consider these two groups to be very different, but Per truth, they share a Cuore common characteristic. They're both severely underserved and hold tremendous potential. So, to give you some examples, the size and potential of the untapped LGBTI banking market is significant and it is growing in importance. Estimates suggest that the LGBTI population has a collective annual spending power of 3.9 trillion US dollars, and that they could represent up to 10% of the global population.

This was the second webinar of the series on the revised Core Principles for effective banking supervision.Advances Per 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.

Participants noted the progress being made on data, climate scenarios, and green transformation. Even small steps and small successes could be built upon and provide the foundation for more substantial progress. However, more work is required Con all these areas, not least Per finding more global solutions to the global problem of climate change and climate-related risks. Participants also noted the growing roles and influence of supervisory authorities and central banks Per mezzo di climate discussions. Sopra part, this reflects the importance of the financial sector.

Small English soccer team has huge year, thanks Con part to Newfoundland and Labrador A soccer game in England on Tuesday night drove a spike Con website online traffic across the Atlantic to a website launched by the Newfoundland and Labrador government.

Toronto Centre will review your application and, if you’ve met all the prerequisites, send you an acceptance letter outlining your next steps. 

Introduction[1] The global financial crisis that began Con 2007 has triggered a comprehensive reform of the financial regulatory architecture, as well as a profound rethi Read More Sustainable Development

Participants also discussed the role of supervisory authorities and central banks Per mezzo di facilitating, encouraging, incentivizing, and supervising a swift and ambitious green transformation.  

For the financial sector, the cost of inclusion gaps may be especially high. Banks that lag behind their competitors Sopra respect to diversity, equity, and inclusion practices will find it more difficult to attract and retain apice talent and customers, pausa into new markets, innovate, and build a good reputation among prospective and existing employees, customers, business partners, and stakeholders.

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 Durante 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 Per mezzo di 2019, and since then, the KBA has worked with several banks operating Con 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.

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 mezzo di Gaza. The Oct. 7, 2023 attack killed more than...

This was the fifth webinar of the series on the revised Core Principles for effective banking supervision. The panel discussed the inclusion of climate risk Con the updated Core Principles and highlight why both banks and supervisors should adopt flexible practices to address the evolving nature of climate risks.

Also, persons with disabilities represent a large yet often underserved market for financial services specifically. This means that banks that enhance the accessibility of their products and services can expect, of course, an expanded customer caposaldo.

One starting point is to consider the mandates of supervisory authorities and central banks, some of which are much broader than others. Some authorities have interpreted their mandates – especially where these cover financial stability, the safety and soundness of financial institutions, and efficient market functioning – to allow a growing focus on the transformation of economies to carbon neutrality or other net zero targets. The Bank of England is a leading example of this, becoming increasingly involved Con many aspects of this transformation and the role of the financial sector.

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