We are already into the second month of the year, and persons may at this time be implementing their financial goals. One way to reach those financial goals may be through investing in equities, debt securities (such as bonds) and mutual funds. This week, we focus on the types of …
In last week’s article, we briefly discussed various types of unethical practices in the financial sector and the advantages businesses gain from not engaging in such activities. This week we continue the discussion by outlining some of the ways in which Registrants can institute an ethical culture within their organisations …
Ethics is crucial to the viability of capital markets. Without it, exists the potential to incapacitate the growth and development of the securities industry. Over the years, securities markets around the world have been plagued with a myriad of cases of professionals utilising wrongful business practices to defraud clients, employers …
The global financial crisis of 2008 underscored the need for greater emphasis on strengthening investor protection mechanisms by incorporating safety measures into securities regulatory frameworks. The Securities Act 2012 (SA 2012) enables the Trinidad and Tobago Securities and Exchange Commission (TTSEC)) to protect investors through enhanced: (1) Information on disclosure …
As we embark on another new year, one of the more common resolutions is not only to increase our level of savings, but also to develop additional sources of wealth and revenue generation. The securities market presents many different options for individuals to achieve these goals with products such as …
We have reached the end of a particularly challenging year. Most countries continue to grapple with the consequences of COVID-19 which crippled many industries, particularly in Travel and Tourism. Since the imposition of public health regulations and restrictions on movement (otherwise referred to as ‘lock down’ measures) to contain the …
The first question you may be asking yourself is, “What is repo or a repurchase agreement? It sounds similar to taking out hire purchase.” Actually, they are quite dissimilar in nature. Repurchase agreements are referred to as repos or buy/sell backs. In such agreements, according to the International Capital Markets …
In the Matter of Section 7(n) of the Securities Act, Chapter 83:02 of the Laws of the Republic of Trinidad and Tobago And In the Matter of the Development and Implementation of a Centralized Repository and Registration System by the Trinidad and Tobago Securities and Exchange Commission Final – Order …
Christmas is characterised by feelings of hope and joy, which are needed more so now due to the socio-economic impact of COVID-19 on families and households. The season is also marked by high levels of consumerism. This year’s preparation and observance of Christmas will require significant adjustment on the part …
In our previous article, we discussed the regulatory frameworks that are available to the TTSEC in regulating the local securities market. The Securities Act, 2012 as amended (“SA 2012”) and its Securities General By-Laws, 2015 are two (2) major lynchpins through which the securities market and its market actors are …
