Regulatory Alerts2017-09-12 | 29583Added · Updated
Basel II Implementation-Quantitative Impact Study
The Central Bank of Trinidad and Tobago requires all financial institutions licensed under the Financial Institutions Act, 2008 to submit Quantitative Impact Study data as of December 2015 by July 29, 2016. The regulator has updated the Capital Adequacy Reporting Template and Instructions to include Schedule 3B for consolidated capital information and a definition for Small Business Enterprises. Additionally, monthly parallel reporting on Basel I and Basel II rules will commence effective January 31, 2017.
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