Regulatory Alerts2021-05-18 | 29702Added · Updated
Consultation on the Draft Policy Proposal Document for a Payments Systems Bill in Trinidad and Tobago
The Central Bank of Trinidad and Tobago issued a circular letter on May 17, 2021, opening a six-week public consultation on a Policy Proposal Document for a new Payments Systems Bill. Stakeholders, including payment service providers and financial institutions, were required to submit comments electronically by June 30, 2021. The proposed legislation aims to consolidate the legal framework for payment systems and align regulatory oversight with international standards.