CONCISE STATEMENT OF SUBSTANCE AND PURPOSE RE: The Proposed Amendments to the Repurchase Agreement Guidelines (April 2012)

The proposed amendments to the Repurchase Agreement Guidelines of April, 2012 (the “proposed amended Guidelines”) are being made pursuant to Section 146 of the Securities Act, Chap. 83:02 of the Laws of the Republic of Trinidad and Tobago (the “Securities Act”) to provide further operational guidance for the purpose of …

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Repurchase Agreement Guidelines 2012

The Commission recognizes the need for the regulation of the Repurchase Agreement Market, not only due to the mandate of the Commission under the Securities Industry Act, 1995 to ensure the orderly development of the capital market, but also as a result of the size of the industry and the potential systemic risks that are posed to the financial system if the market is left unregulated.

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