As the regulator of the securities industry, the Trinidad and Tobago Securities and Exchange Commission (TTSEC) has the responsibility to monitor the industry, understand its potential for development and encourage innovation to foster that development. This week’s article will highlight some prominent fintech products typically used in the securities market. …
The Trinidad and Tobago Securities and Exchange Commission (TTSEC) works to encourage and promote the innovative development of the local securities industry. This week’s article focuses on the TTSEC’s approach to regulating Financial Technology or Fintech. Regulating Fintechs
As we conclude our five (5) part series on ‘Fintech and the Securities Market’, we highlight some of the many types of Fintechs in the securities industry. Fintech Technologies Most Fintech product/service providers interact with their clients through platforms that are accessible via internet browsers and mobile applications. These platforms …
In the past two (2) articles the Trinidad and Tobago Securities and Exchange Commission (“TTSEC”) discussed six (6) of the twelve (12) considerations related to the International Monetary Fund (“IMF”) – The Bali Fintech Agenda. The Bali Fintech Agenda Policy Paper[1] provides a blueprint for successfully harnessing Fintech opportunities by …
In last week’s article the Trinidad and Tobago Securities and Exchange Commission (“TTSEC”) discussed the first three (3) considerations of the International Monetary Fund (“IMF”) Policy Paper – The Bali Fintech Agenda. The Bali Fintech Agenda identifies key considerations for policymakers when implementing Fintech policies and provides a blueprint for …
In last week’s article the Trinidad and Tobago Securities and Exchange Commission (“TTSEC”) discussed the importance of, and some of the risks associated with, Financial Technology (“Fintech”). This week, the TTSEC will be discussing the first three (3) considerations of the Bali Fintech Agenda. Read more here—> Fintech and the …
As Financial Technology (“Fintech”) alters the attributes of financial services and market structures, financial regulation is also adapting. Among other things, Fintech products and service providers are streamlining business processes, which allow customers the opportunity to fulfil their financial service requirements through non-traditional online channels which are generally considered to …
The pervasive nature of Fintech and other digital innovations in the financial sector have the potential to transform the securities industry in Trinidad and Tobago, and enhance our global attractiveness for investment potential. This transformation may improve the efficiency of the market whilst reducing transaction costs and encouraging growth in …
“The Commission remains committed to working with persons to ensure that financial innovation is made accessible to the investing public in a safe and structured environment. Accordingly, the Commission invites Fintech companies/providers and persons conducting, or contemplating conducting activities involving Fintech, to come forward and engage in discussions with a …
