Regulatory Alerts2017-08-25 | 23974Added · Updated
Circular Letter to All Pension Fund Plans Regarding Supervisory Fees and Charges
The Central Bank of Trinidad and Tobago issued the Central Bank (Payment of Supervisory Fees and Charges) Regulations, 2011, to establish fee payment obligations for pension fund plans. Regulated entities will receive written notices by November 11, 2011, detailing fees for the fiscal year ending September 30, 2012, which must be paid in two installments due January 31, 2012, and June 30, 2012. Corporate trustees are required to communicate these contents to management committees and sponsoring organizations and acknowledge receipt of the circular.
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