2025-01-01
The Central Bank of Trinidad & Tobago issued this March 2025 guideline to establish minimum requirements for insurers and financial holding companies to maintain robust liquidity risk management frameworks. The document mandates that insurers implement comprehensive strategies including board oversight, internal controls, stress testing, and the maintenance of unencumbered highly liquid assets to withstand various stress scenarios. It further outlines supervisory review processes and defines specific criteria for asset classification and contingency planning to ensure financial stability and policyholder protection.