Regulatory Alerts2023-11-10 | 29778Added · Updated
Circular Letter – Recovery Plan Guideline
The Central Bank of Trinidad and Tobago issues the final Recovery Plan Guideline for institutions licensed under the Financial Institutions Act, insurers registered under the Insurance Act, and financial holding companies. These entities must submit a board-approved Recovery Plan to the Inspector of Financial Institutions within nine months of issuance, no later than July 31, 2024. Additionally, they must submit a board-approved Action Plan addressing the implementation and testing of the Recovery Plan within six months of submitting the Recovery Plan.
More like this from CBTT
We email you every new CBTT publication the day it's published.
Topics
Share