Submission of Regulatory Returns by Licensees and Financial Holding Companies under the Financial Institutions Act, 2008 Due to COVID-19

CENTRAL BANK OF TRINIDAD & TOBAGO
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 March 26, 2020 Circular letter to:
All Licensed Financial Institutions under the Financial Institutions Act, 2008 All Financial Holding Companies REF: CB-OIFI-747/2020 SUBMISSION OF REGULATORY RETURNS BY LICENSEES AND FINANCIAL HOLDING COMPANIES UNDER THE FINANCIAL INSTITUTIONS ACT, 2008 ("FIA") DUE TO COVID -19 The Central Bank of Trinidad and Tobago ("Central Bank"/ "Bank") refers to its Circular Letter #CB-IOFI-464/2012 dated March 7, 2012 ("2012 Circular") regarding the timeframe for submission of regulatory returns. The Central Bank recognises that in light of the current COVID-19 pandemic and "social distancing" measures being implemented by licensees and financial holding companies, that delays may be experienced with respect to the submission of regulatory returns in both the electronic and hard copy formats. Consequently, the Bank advises that for a period of 3 months commencing with returns due this month , licensees and financial holding companies will be given a grace period of ten (10) business days (except for the weekly CB10 report where the grace period wUl be five (5) business days) from the regular due dates, for the submission of regulatory returns listed in Appendix 1 . In addidon, the Bank acknowledges that due to the reduced "in office" workforce presence, that licensees and financial holding companies may experience difficulty with the timely submission of signed hard copies of returns and advises that during this period the Bank will accept the electi-onic copy as the official submission of the company. Accordingly, institutions must ensure that all electronic submissions are affixed with the electronic signature of at least one authorised signatory and that they continue to be submitted by email using PGP (Pretty Good Privacy) encryption technology to cbttr arts central-bank-or . tt Kindly direct any queries on this Circular to Mr. Kendall Cuffy, Manager - Banks and Non-Banks at kcuff central-bank. or . tt. Please be guided accordingly. Yours sincerely Mi helle Francis-Pantor Deputy Inspector - Banks, Non-Banks and Payment Systems Oversight FINANCIAL INSTITUTIONS SUPERVISION DEPARTMENT Financial institutions licensed under the FIA. For example, this will apply to February 2020 regulatory returns due to be submitted in March 2020.
Appendix 1 lists the returns to be submitted, theirfrequency of submission and the regular submission timeframes.

Appendix 1
Frequency of Submission of Regulatory Returns Reports CB20 CB70 CB76 CB90 CB 100/101/102 Basel II Solo Report CB110 CB 115/1 NFI CB30 CB30A CB40 CB 100 A&B (for financial groups and FHCs) CB 105 Real Estate Basel II Solo Report Basel II Consolidated Report Title Frequency Weekly Returns Weekly Statement of Condition Wednesday weekly Monthly Returns Monthly Statement of Condition Payments System Participant Monthly Reporting Form Foreign Currency Transaction Settlement Tables Special Report on Loans and Deposits Capital Adequacy and Foreign Exchange Risk Capital Adequacy Basel II Detailed Listing of Investment Report Country Exposure New Financial Instruments Monthly Quarterly Returns Real Estate Mortgage Loans Real Estate Mortgage Loans Statement of Income and Expenses Consolidated Prudential Report Large Exposure Report Real Estate Mortgage Loans - Forms A B & C Capital Adequacy Basel II Capital Adequacy Basel II Quarterly Q.uarterly Quarterly Quarterly Regular Timeframe for Submission after reporting period Following Tuesday 20 business days 15 business days days 20 business days days 20 business days 20 business days 20 business days 10 business days 20 business days 20 business days 20 business days 20 business days 20 business days 20 business days 20 business days 20 business days

Reports
Monitoring Return
Shareholding
Return
AML/CFT
Fiscal Package (CB
20; CB 40
Reconciliations with
Audited Financial
Statements, Annual
Report,
Management
Letter)
Title
Quarterly
Monitoring Report
Quarterly
Shareholders
Report
Frequency
Quarterly
Quarterly
Annual Returns
AM L/CFT External
Audit Report
Annual Statement of Condition &
Annual Statement of Income and
Expenses signed by your auditors
Annually
Annually
Regular Timefra me for Submission after reporting period 20 business days 20 business days 4 months after end of financial year end 20 business days after publication