Regulatory Alerts2017-08-25 | 29521Added · Updated
Parallel Run 2 – Amendments to CAPAD Framework
The Central Bank of Trinidad and Tobago amends the Capital Adequacy Framework for insurers by assigning specific risk factors to bonds and mortgages. Unrated corporate bonds receive 15% or 20% risk factors, while mortgages carry 2% to 20% factors based on type and delinquency status, with deductions for commercial mortgages overdue more than 180 days. Insurance companies must submit revised Capital Adequacy forms by August 31, 2011, and prepare for individual review meetings regarding their Parallel Run 2 results.
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