Regulatory Alerts2012-04-20
Repurchase Agreement Guidelines 2012
The Trinidad and Tobago Securities and Exchange Commission issued these guidelines to regulate repurchase agreements and ensure market integrity. The document mandates registration for Repo Sellers, establishes strict collateral and custody requirements, and defines operational standards for margin, settlement, and default procedures. It further requires comprehensive disclosure, reporting, and the use of Master Repurchase Agreements to govern transactions between parties.
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