Regulatory Alerts2024-10-18
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Central Bank Notice in accordance with section 44G of the Central Bank Act Chap.79:02
The Central Bank of Trinidad and Tobago ceased control of Colonial Life Insurance Company (Trinidad) Limited effective 1st December, 2022. All powers of control over the company's affairs, property, and undertakings previously vested in the Central Bank were transferred back to Colonial Life Insurance Company (Trinidad) Limited from that date.
1752
MADE BY THE CENTRAL BANK OF TRINIDAD AND TOBAGO UNDER SECTION
44G OF THE CENTRAL BANK ACT
NOTICE is hereby given in accordance with section 44G of the Central Bank Act Chap. 79:02 that the Central Bank of Trinidad and Tobago (the Central Bank) has ceased to be in control of Colonial Life Insurance Company (Trinidad) Limited with effect from 1st December, 2022 (the Effective Date).
All powers of control over the affairs, property and undertakings of Colonial Life Insurance Company (Trinidad) Limited vested in the Central Bank by or in consequence of the notification published in Legal Notice No. 32 dated 13th February, 2009 have been transferred to Colonial Life Insurance Company (Trinidad) Limited from the Effective Date.
A. HILAIRE
Governor
The Central Bank of Trinidad and Tobago
Dated this 1st day of December, 2022
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