Regulatory Alerts2020-05-08 | 29651Added · Updated
Revised Basel II Reporting Template and Continuation of Parallel Reporting
The Central Bank of Trinidad and Tobago delays the implementation of Basel II/III Phase 2 elements, including Pillar 3, the leverage ratio, and capital buffers, to January 2022. Financial institutions and financial holding companies are required to continue parallel reporting using the revised Basel II/III reporting template (CB100B/2020_v3) starting with the period ended May 31, 2020. Although the new template includes certain Phase 2 metrics, only Phase 1 minimum capital requirements will be assessed during this interim period.
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