Regulatory Alerts2017-08-25 | 29570Added · Updated
Central Bank of Trinidad and Tobago Circular on AML/CFT External Auditors’ Reports for Insurance Brokers and Agents
The Central Bank of Trinidad and Tobago requires all insurance brokers and agents registered under the Insurance Act to submit their External Auditors’ Reports annually to the Bank. These reports must be completed and submitted no later than four months from the end of the entity’s financial year, in accordance with regulation 10(2)(a) of the Financial Obligations Regulations, 2010. This directive applies to entities classified as financial institutions following amendments to the Proceeds of Crime Act.