Regulatory Alerts2018-07-31
Amended Repurchase Agreements Guidelines – July 2018
The Trinidad and Tobago Securities and Exchange Commission issued these guidelines to regulate sale and repurchase agreements, requiring broker-dealers to register and maintain specific capital levels. The document mandates strict collateral standards, including minimum margins, monthly mark-to-market valuations, and custodial arrangements with approved entities like the TTCD. Additionally, it imposes rigorous operational, disclosure, and reporting obligations on sellers to ensure market integrity and investor protection.
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