Regulatory Alerts2020-08-04 | 29661Added · Updated
Draft Guidelines on Credit Risk Management and Liquidity Risk Management
The Central Bank of Trinidad and Tobago issued draft guidelines on credit and liquidity risk management for financial institutions licensed under the Financial Institutions Act, 2008, the Insurance Act, and the Exchange Control Act. The document outlines the roles and responsibilities of the Board and Senior Management regarding these risks and sets expectations for sound risk management frameworks. The Central Bank requested feedback on the draft guidelines by September 14, 2020.