Regulatory Alerts2019-04-11 | 29602Added · Updated
Basel II-III Implementation – Extension of Parallel Reporting
The Central Bank of Trinidad and Tobago extends the parallel reporting period for Basel I and Basel II/III capital returns until December 2019. This extension applies to all institutions licensed under the Financial Institutions Act, 2008, due to the non-enactment of the Financial Institutions (Capital Adequacy) Regulations. Licensees must continue submitting capital returns based on both frameworks while the Bank verifies the accuracy of Basel II submissions.
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