2020-12-31 | 24072Added · Updated
These regulations establish the capital adequacy framework for financial institutions in Trinidad and Tobago, mandating compliance with Pillar I minimum capital requirements, Pillar II supervisory review, and Pillar III market discipline. They define regulatory capital components, including Tier 1 and Tier 2 capital, and specify capital conversion buffers, leverage ratios, and additional capital charges for credit, operational, and market risks. The rules apply to financial institutions subject to the Financial Institutions Act, requiring adherence to specific calculation provisions and reporting standards outlined in the accompanying schedules.