Regulatory Alerts2010-03-19
Guidelines for Repurchase Agreements (Repos)
The Trinidad and Tobago Securities and Exchange Commission issued these guidelines to regulate the conduct, collateral, and operational standards of repurchase agreements. The document mandates strict registration requirements, limits eligible collateral for non-sophisticated investors, and enforces margin, custody, and mark-to-market protocols. It further requires comprehensive disclosure, quarterly reporting, and adherence to specific settlement and default procedures to ensure market integrity.
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