Regulatory Alerts2009-10-01 | 23995Added · Updated
Guidelines for the Reporting of Large Credit Exposures
Licensees must report quarterly all credit exposures to persons, borrower groups, related groups, or connected parties amounting to 10% or more of their capital base, starting with the quarter ending December 31, 2009. Reports are due within twenty working days of the quarter's end and must be submitted using standardized Excel forms that generate a CSV file for email transmission to the Central Bank of Trinidad and Tobago. Institutions must also submit a letter to the Inspector of Financial Institutions if exposures to any counterparty fall below the 10% threshold.
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