As part of our focus on Anti-Money Laundering and Combating the Financing of Terrorism (“AML/ CFT”), last week we explained the respective roles of the Regulator and Registrants in ensuring compliance with AML/ CFT requirements. In this week’s article, we delve further into what constitutes an effective Compliance Programme. Registrants …
Please be advised that on the 8th May 2020, Her Excellency Paula-Mae Weekes O.R.T.T., President of the Republic of Trinidad and Tobago gave assent to the Miscellaneous Amendments Act, 2020 8th May 2020 (“the Act”), which amended several pieces of legislation including the Securities Act, Chapter 83:02 of the Laws …
The Securities Act is amended— (a) in section 14, by inserting after subsection (5), the following subsections: Read more in link below: Miscellaneous Amendments Act 2020 Legal Notice No. 92 of 2020
In this week’s article the respective roles of the regulator and the registrants in ensuring Anti Money Laundering and Combating the Financing of Terrorism (AML/CFT) requirements will be discussed. The registrant plays an important role in ensuring that the AML/CFT measures adopted in the market are robust, and in this …
Governments worldwide continue to intensify their efforts to mitigate the global spread of COVID-19, whilst, criminals and fraudsters have been quick to seize opportunities to exploit the financial system impacted by the crisis. In response, supervisory authorities in several countries have already alerted financial institutions to the potential increase in …
In a previous article, the Trinidad and Tobago Securities and Exchange Commission (TTSEC) explained the distinct role and function of Investment Advisers’ in the securities market of Trinidad and Tobago (In case you missed it click here). In this week’s article, we conclude with Broker-Dealers. Similar to other securities regulators, …
Further to the updated Public Health Regulations 2020 (2019 n-CoV) No. 12, published by the Government of the Republic of Trinidad and Tobago on Sunday 26th April, 2020, and which shall have effect from 27th April – 15th May, 2020; the temporary closure of the offices of the Trinidad and …
Despite market volatility mainly due to geopolitical tensions in early 2019, the latter part of the year showed some improvement. However, due to the outbreak of the novel Coronavirus (COVID-19), financial markets are now under pressure, the operations of major supply chains have been disrupted and oil prices have been …
The Trinidad and Tobago Securities and Exchange Commission (TTSEC) is currently monitoring the impact of COVID-19 on the securities market of Trinidad and Tobago (T&T) and in particular, its impact on the Collective Investment Schemes. Read more here–>Analysing Impact of COVID-19 0n Mutual Funds The Impact of …
SECOND NOTICE TO REGISTRANTS LIMITED COVID-19 FILING MORATORIUM AND EXTENSION OF CERTAIN REGISTRATIONS Pursuant to provisions of the Securities Act Chapter 83:02 of the Laws of the Republic of Trinidad and Tobago (the “Act”) and the Securities (General) By-Laws 2015 (the “By-Laws”), Registrants of the Trinidad and Tobago Securities and …
