Financial regulators globally previously utilised traditional supervisory approaches to market regulation which focused on a Rules-Based System of control. This approach also known as Principles or Compliance-Based Supervision, is “a method of regulation which involves checking for and enforcing compliance with rules – legislation, regulations or policies – that apply …
Registrants of the Trinidad and Tobago Securities and Exchange Commission (TTSEC) play an important role in the development and stability of the securities market of Trinidad and Tobago. Registrants refer to all issuers of securities, as well as market intermediaries such as: Broker-Dealers, Investment Advisers, and Underwriters. These registrants are …
PUBLIC STATEMENT OF THE TRINIDAD AND TOBAGO SECURITIES AND EXCHANGE COMMISSION FREEDOM OF INFORMATION ACT 1999 CHAPTER 22:02 (FOIA) In compliance with Sections 7, 8 and 9 of the Freedom of Information Act, 1999 (FOIA). In accordance with Sections 7, 8 and 9 of the Freedom of Information Act, 1999 …
As the regulator for the securities industry, establishing regulatory compliance requires continuous vigilance and resources. Simultaneously, as our regulatory demands grow, companies need to have the resources in place to build compliance practices into their everyday frameworks and workflows. Our article last week focused on incorporating compliance measures into an …
In the Matter of the Securities Act, Chap. 83:02 of the Laws of the Republic of Trinidad and Tobago (“the Securities Act”) and the Securities Industry (Hearings and Settlements) Practice Rules 2008 (“the Hearings Rules”) And In the Matter of an Investigation pursuant to section 150 of the Securities Act …
Regulatory compliance is essential to the orderly functioning of the securities market. Registrants registered with the Commission should establish effective policies, operational procedures and controls in relation to their day-to-day business activities in order to ensure compliance with all relevant regulatory and legal requirements. The Commission is of the view …
In the Matter of Contravention of Section 64 (1) (c) of the Securities Act, Chapter 83:02 of the Laws of the Republic of Trinidad and Tobago by JMMB Group Limited Order re JMMB Group Limited – $7800
Entities that engage in activities specified within the respective legislation that govern the TTSEC and the CBTT are required to be duly registered with the relevant regulator/s. Investment activities that fall under the remit of the TTSEC may be undertaken by: Self-Regulatory Organisations, Broker-Dealers, Investment Advisers, Underwriters, Sponsored Broker-Dealers, Sponsored …
Annual Report 2018 TTSEC AR 2018
In the matter of the Securities Act Chapter 83:02 of the Laws of the Republic of Trinidad and Tobago (“the act”) and Part VIII of the Securities Industry (Hearings and Settlements) Practice Rules 2008 (“the Rules”) And In the Matter of the application for, and purchase of, 659,588 First Citizens …
