Regulatory Alerts2023-07-28 | 29769Added · Updated
Issuance of the Market Conduct Guideline for Registrants under the Insurance Act 2018
The Central Bank of Trinidad and Tobago has issued the Market Conduct Guideline for Registrants under the Insurance Act, 2018, which sets out requirements for fair consumer treatment and compliance with Schedule 11 standards. All registrants are required to conduct a gap analysis against the Guideline and submit an action plan to the Inspector of Financial Institutions, approved by their Board of Directors, within six months of the issuance date.