Regulatory Alerts2023-01-01
E-Money Issuer (Amendment) Order, 2023
The Minister of Finance of Trinidad and Tobago, advised by the Central Bank, issued this Order to amend the E-Money Issuer Order, 2020 by substituting its Schedule 2. The revised schedule establishes specific monthly transaction limits, maximum wallet sizes, and capital requirements for e-money accounts based on servicing categories for individuals and businesses. These requirements distinguish between micro, mid-value, and high-value transactions for individuals, and categorize business enterprises by size to determine applicable financial thresholds.
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