The formalisation of the local securities industry began as a policy decision by the Government in the 1970s, which sought to localise the foreign-owned commercial banking and manufacturing sectors of the economy. The primary policy objective, at the time, was to encourage these businesses to divest and sell a majority …
Globally, as at November 7, 2020, there were over 6,700 types of cryptocurrencies including, Bitcoin, the most popular digital currency, which currently trades at USD$15,014.90. This amounts to approximately TTD$101,964.75. At the beginning of the fourth quarter of 2020, cryptocurrencies recorded a cumulative market capitalisation of USD$237.1 billion. Despite this, …
In last week’s article, the Trinidad and Tobago Securities and Exchange Commission (“TTSEC”) outlined the main disclosure and filing requirements of the Reporting Issuer. In this article, we will discuss the disclosure and filing obligations of Registrants under section 51 of the Securities Act, 2012 (“SA 2012”). According to the …
In previous articles, the Trinidad and Tobago Securities and Exchange Commission (“TTSEC”) explained the various types of entities registered to conduct business activities in the securities market. Over the next two (2) articles, the TTSEC will discuss the filing obligations of these entities, specifically, the Reporting Issuer and Registrants. From …
The Trinidad and Tobago Securities and Exchange Commission’s (TTSEC’s) Guidelines for Collective Investment Schemes, 2008, states that a CIS manager is a person who is responsible for the business operations and affairs of a collective investment scheme. Guideline 11 of the TTSEC CIS Guidelines states that no person shall act …
The ability to capture, maintain and monitor key financial stability/macro-prudential indicators is essential in the analysis and evaluation of the of the securities market. This article will discuss the Micro and Macro Prudential Reporting Framework (MMRF), which is the tool utilised by the Trinidad and Tobago Securities and Exchange Commission …
Over the years market actors have been evolving their products and services to keep abreast of changes in the securities market. This is necessary to meet the increasing demands of investors for various types of securities. In this article, we will explain what is a security and also discuss the …
We all make investments in our daily lives and each investment is made with an expectation to derive some benefit. We invest in ourselves through education and learning with the hope that our job prospects and consequent earning potential would improve. We invest in a car, land and a house …
In our two previous articles we shared some of the tools that you can use to get started with investing, as a means of making your money work for you. We focused on some of the available resources on our investor education website www.investucatett.com such as: a risk profile test, …
Last week we discussed the basics of investing, setting financial goals and deciding on the type of investment that may best suit you. In this article, we’ll focus on creating your personal investor profile and guide you through the process of selecting an investment option that will help you achieve …
