Regulatory Alerts2017-08-25 | 29519Added · Updated
Circular Letter re: all Pensions Plans: Supervisory Fees and Charges and Appendix
The Central Bank of Trinidad and Tobago clarifies the application of the Central Bank (Payment of Supervisory Fees and Charges) Regulations, 2011, through an attached FAQ sheet. The document specifies that fees are based on total assets from audited financial statements or projections, with no proration for new plans and no fees for empty shells in winding up. Payment is required in two installments by January 31 and June 30 of each year, payable via manager's cheque.
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