Regulatory Alerts2020-02-07 | 29636Added · Updated
Central Bank of Trinidad and Tobago Circular on IFRS 17 Implementation
The Central Bank of Trinidad and Tobago requires all insurance companies licensed under the Insurance Act Chap. 84:01 to complete and submit quarterly questionnaires regarding their preparedness for the implementation of IFRS 17. These submissions, due by stated deadlines, are mandatory and must be sent to the Bank to inform ongoing dialogue and guidelines on the standard. The effective date for IFRS 17 is established as annual periods beginning on or after January 1, 2021.
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