Second, I’ll review the challenges faced by pension funds in this low-for-long, post-crisis environment, which is the timely and important theme of this conference. 1  Under the Payment Clearing and Settlement Act, the Bank of Canada has responsibility for the prudential oversight of systemically important financial market infrastructures. 2  International Monetary Fund, “Canada: Financial Sector Stability Assessment”, Country Report No.
We have issued advisories to warn the public on emerging cyberthreats and scams. Indeed, the path towards digital transformation is like an uphill journey. 3/4  BIS central bankers' speeches  Each step requires collaborative engagement among stakeholders, including you as members of the Makati Business Club. Being prominent business leaders, you should spearhead wider adoption of digital payments in the business community.