Regulatory Alerts2021-05-07 | 29703Added · Updated
Moratorium on Regulatory Treatment of Payment Deferrals or Restructured Loans due to COVID-19 Measures
The Central Bank of Trinidad and Tobago reintroduces a regulatory moratorium on the treatment of payment deferrals or restructured loans for the period May 1, 2021, to September 30, 2021. Financial institutions licensed under the Financial Institutions Act, 2008 must apply deferrals only to performing loans and those past due up to 89 days as of May 1, 2021, on an opt-in basis. Institutions are required to maintain specific past-due reporting statuses for deferred loans and submit the special DPC-19 Report monthly until September 2021.
More like this from CBTT
We email you every new CBTT publication the day it's published.
Topics
Share