We continue our three-part series on Repo Guidelines and focus our discussion this week, on Sections V to XIII of the Sales and Repurchase Agreement Guidelines. According to Section V of the Repo Guidelines, Repo sellers must ensure that all collateral securities[1] are either registered with the Commission, or registered …
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 …
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 …
