2017-08-25 | 29521

Parallel Run 2 – Amendments to CAPAD Framework

The Insurance Sector regulator has issued amendments to the CAPAD Framework, establishing a second parallel run period for compliance. These changes update capital adequacy calculations and disclosure requirements to align with revised regulatory standards while granting insurers a transitional implementation window. Market participants must apply the modified capital buffers and reporting protocols concurrently with existing rules to ensure continuous regulatory oversight.

Trinidad and Tobago

Central Bank of Trinidad and Tobago

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Insurance Sector Parallel Run 2 – Amendments to CAPAD Framework Share