Regulatory Alerts2024-11-28 | 31728Added · Updated
Notice of Promulgation of Deposit Insurance Orders 2024
The Central Bank of Trinidad and Tobago promulgated The Central Bank (Deposit Insurance) Order, 2024 and The Central Bank (Deposit Insurance Coverage Limit) Order, 2024 via Legal Notices No. 159 and 160 of 2024. These orders increase the deposit insurance coverage limit from $125,000.00 to $200,000.00. The Bank requires all institutions licensed under the Financial Institutions Act, 2008 to take necessary steps to inform their customers of this change in coverage amount.
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