Regulatory Alerts2017-08-25 | 29494Added · Updated
Supervisory Fees and Charges for Insurance Companies
The Central Bank of Trinidad and Tobago issued the Central Bank (Payment of Supervisory Fees and Charges) Regulations, 2011, to establish fee payment procedures for insurance companies. Regulated entities will receive written notices by November 11, 2011, detailing supervisory fees for the fiscal year ending September 30, 2012, which must be paid in two installments due January 31 and June 30, 2012. Payments may be made via cheque, Automated Clearing House for amounts up to $499,999.99, or Real Time Gross Settlement for amounts over $500,000.
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