2022-04-05 | 29726

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Quarterly Returns Reporting – Extension of Parallel Reporting

The Central Bank of Trinidad and Tobago extends the parallel reporting requirement for Version 4.1 and Version 5.1 of quarterly returns to cover the quarters ending March 31, 2022, and June 30, 2022. This directive applies to insurance companies registered under the Insurance Act, 2018, and the Insurance Act, 1980. The regulator anticipates no further extensions to this parallel reporting obligation.

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March 03, 2022 Circular Letter to: Insurance Companies Registered under Insurance Act, 2018 Insurance Companies Registered under Insurance Act, 1980 The Institute of Chartered Accountants of Trinidad and Tobago (ICATT) The Association of Trinidad and Tobago Insurance Companies (ATTIC) The Caribbean Actuarial Association (CAA) REF: CB-OIFI-455/2022

QUARTERLY RETURNS REPORTING – EXTENSION OF PARALLEL REPORTING The Central Bank of Trinidad and Tobago (“Central Bank”) refers to Circular Letter issued dated April 26, 2021, titled “Quarterly Returns Reporting - Revised”. Please be advised that the parallel reporting of Version 4.1 and Version 5.1 of the quarterly returns which were required up to the quarter ending December 31, 2021, has been extended to the Quarterly Returns due for the quarters ending March 31, 2022 and June 30, 2022. It is anticipated that there should be no further extension of this parallel reporting requirement. In the event that further parallel reporting is required, insurers would be advised accordingly. The latest version of all forms specified by the Inspector of Financial Institutions for all of the regulatory reports and returns required under the Insurance Act 2018 can be accessed at https://www.central-bank.org.tt/publications/regulatory-returns/insurance￾sector-regulatory-return. Please be guided accordingly. Patrick Solomon INSPECTOR OF FINANCIAL INSTITUTIONS Cen t r al Ban k o f Tri n i d ad an d To bag o Eric Williams Plaza, Independence Square, Port-of-Spain, Trinidad, Trinidad and Tobago Postal Address: P.O. Box 1250 Telephone: (868) 621-CBTT (2288), 235-CBTT (2288); Fax: (868) 612-6396 E-Mail Address: info@central-bank.org.tt Website: www.central-bank.org.tt

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