TORONTO, March 27 (Bernama-GLOBE NEWSWIRE) -- Since the 2008 financial crisis, Toronto Centre has trained over 3,600 financial supervisors and regulators in crisis preparedness in over 120 crisis preparedness simulation programs worldwide, with a focus on developing countries and emerging markets. In 2019, Toronto Centre delivered the first-ever regional multi-jurisdiction virtual real-time crisis simulation exercise. Toronto Centre’s Centre of Excellence in Crisis Preparedness (CECP) provides simulation-based bespoke crisis management training for supervisors and regulators.
In the face of current uncertainties, the Centre’s alumni are better prepared to deal with the unanticipated global crisis of COVID-19.
The Centre of Excellence in Crisis Preparedness facilitates the organization’s network of global industry experts in the delivery of high-quality programming and publications. The CECP provides action-oriented training for supervisors and regulators’ increasing preparedness in responding to emergency events. A new generation of real-time simulations will help to prepare participants in managing the financial sector implications of cyberattacks, pandemics, and climate change events, ranging from national to global contagion scenarios. Future participants will be equipped with core crisis response tools to effectively assess and respond to crisis events. A focus on leadership skills such as business continuity planning, communication, coordination and issue management among financial safety net participants ensures our alumni are ready to lead in a crisis.
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