Regulatory Alerts2019-11-07 | 29620Added · Updated
Consultation Paper on Phase 2 Policy Proposals for the Implementation of Basel II/III
The Central Bank of Trinidad and Tobago issued a consultation paper on November 6, 2019, seeking comments from licensed financial institutions and financial holding companies on Phase 2 policy proposals for implementing Basel II/III capital adequacy frameworks. The proposals cover the Internal Capital Adequacy Assessment Process (ICAAP), Supervisory Review and Evaluation Process (SREP), leverage ratio, and Capital Conservation Buffer, while excluding Pillar 3 and Liquidity Coverage Ratio requirements which are scheduled for later documents. Comments were required by December 18, 2019, and a face-to-face meeting with the industry was planned for the week of November 25, 2019.
Topics
Share