Regulatory Alerts2020-11-11 | 29628Added · Updated
AML/CFT Risk-Based Supervisory Framework
The Central Bank of Trinidad and Tobago has published its AML/CFT/CPF Risk-Based Supervisory Framework on its website. The document outlines the Bank's process for conducting risk-based supervision of regulated entities, including how AML risk assessments are derived and the nature of supervisory engagement based on risk ratings. This framework applies to licensees under the Financial Institutions Act, insurance companies, bureaux de change, payment service providers, electronic money issuers, and specific financial institutions.