Regulatory Alerts2016-09-29
Statement of Substance and Purpose – Proposed Amendment to Capital Requirement Rule
The Trinidad and Tobago Stock Exchange (TTSE) proposes implementing a risk-based approach to determine capital requirements for its member firms. This amendment requires firms to maintain capital buffers proportional to the riskiness of their balance sheet assets. The change aims to strengthen risk management and provide greater investor protection by ensuring higher capitalization for riskier operations.
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