2023-11-10 | 29778

Circular Letter – Recovery Plan Guideline

The regulator issued this circular letter to establish binding guidelines for recovery plans across the banking and insurance sectors. The document mandates specific structural and procedural requirements that financial institutions must adopt to maintain operational resilience and address potential distress scenarios. Compliance with these updated standards is required for all licensed entities, with implementation timelines and reporting obligations clearly defined.

Trinidad and Tobago

Central Bank of Trinidad and Tobago

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