Annual Submission of External Auditors’ Management Letters

Carl Hiralal Inspector of Financial Institutions C 1.3 CENTRAL BANK OF TRINIDAD &TOBAGO May 17, 2011 CIRCULAR LETTER TO ALL LICENSED FINANCIAL INSTITUTIONS REF: CB-IOFI-1070/2011 Dear Sirs Annual Submission of External Auditors' Management Letters In accordance with section 62(2) of the Financial Institutions Act, 2008 each licensed financial institution is required to submit annually to the Inspector of Financial Institutions, the Management Letter received from its external auditor at the conclusion of the annual audit of its financial statements. Licensed financial institutions are asked to submit by May 31, 2011, the management letters received for their annual audit for fiscal 2010. For the 2011 fiscal year-end and thereafter, licensed financial institutions are required to submit their management letters at the same time when submitting their annual audited financial statements. Yours sincerely Eric Williams Plaza, Independence Square, Port-of-Spain, Trinidad, Trinidad and Tobago Postal Address: P.O. Box 1250 Telephone: (868) 625-4835; 4921; 5028; Fax: (868) 627-4696; Telex: 22532; 22386 E-Mail Address: info@central-bank.org.tt