Circular Letter to: Self-Regulatory Organisations Registrants STATUS UPDATE ON TRINIDAD AND TOBAGO SECURITIES AND EXCHANGE COMMISSION’S (THE “COMMISSION”) ENFORCEMENT PROCEEDINGS We write to provide an update on the status of enforcement proceedings currently under review by the Staff of the Commission, including those relating to the late filing of disclosures …
CIRCULAR LETTER ISSUED TO: REPORTING ISSUERS, BROKER-DEALERS, INVESTMENT ADVISERS, UNDERWRITERS and SELF-REGULATORY ORGANIZATIONS REGISTERED UNDER THE SECURITIES ACT, CHAP 83:02 OF THE LAWS OF THE REPUBLIC OF TRINIDAD AND TOBAGO Amendments to Schedule 1 of the Securities (General) Bye-Laws 2015 and the Securities (Collective Investment Schemes) Bye-Laws 2023 The Trinidad …
The Trinidad and Tobago Securities and Exchange Commission (“the Commission”) refers to Regulation 4(2) of the Financial Obligations Regulations 2010 (as amended) (“FOR”) and Guidelines 6(8), (9) and (10) of the Commission’s Anti-Money Laundering and Counter Financing of Terrorism (“AML/CFT”) Guidelines for the Securities Sector regarding the approval of the …
Given recent amendments to the Securities Act, Chapter 83:02 of the Laws of the Republic of Trinidad and Tobago (“Securities Act”), the Trinidad and Tobago Securities and Exchange Commission (“the Commission”) issues this Circular Letter to reporting entities to provide key points for determining beneficial ownership. Read more –Circular …
In June 2023, the Trinidad and Tobago Securities and Exchange Commission (the “TTSEC”) implemented its enhanced Risk-Based Supervision Framework. By way of Circular Letter dated July 4, 2023, the TTSEC requested registered entities under Section 51(1) of the Securities Act, Chapter 83:02 of the Laws of the Republic of Trinidad …
REMINDER OF IMPORTANT OBLIGATIONS TO ENGAGE EXTERNAL AUDITORS AND TO SUBMIT EXTERNAL AUDIT REPORTS The Trinidad and Tobago Securities and Exchange Commission (“the Commission”) issues this reminder to all persons registered under section 51(1) of the Securities Act, Chapter 83:02 (“the Act”). In accordance with its functions under section 6(i) …
Implementation of the Revised Volume Reports for Collective Investment Schemes The Trinidad and Tobago Securities and Exchange Commission (“the Commission”) wishes to advise registrants that the Board of Commissioners has approved the implementation of the Revised Volume Report (“the Volume Report”) by Order of the Commission effective 01st day of …
The TTSEC has amended the Clients Assets Managed fields of the Micro and Macro-Prudential Reporting Framework (MMRF) forms. These changes were necessary to provide a clear distinction between Clients Assets managed on behalf of Collective Investment Schemes, Private Wealth Clients and Other Clients in the securities market. See Circular …
We refer to the matter at caption and are pleased to advise that Securities (Collective Investment Schemes) Bye-Laws, 2023 (the “CIS Bye-Laws”) came into effect on 8th May, 2023. We take this opportunity to express our gratitude to all stakeholders for their invaluable contributions and feedback provided during the periods …
CIRCULAR LETTER ISSUED TO: BROKER-DEALERS, UNDERWRITERS REGISTERED UNDER THE SECURITIES ACT, CHAP 83:02 PERIOD OF REVIEW FOR INTERNAL/EXTERNAL AUDIT REVIEWS PURSUANT TO SECTIONS 8.1 and 8.3 OF THE GUIDELINES ON THE IMPLEMENTATION OF THE TAX INFORMATION EXCHANGE AGREEMENTS, 2017 (“TIEAA GUIDELINES”) Circular Letter re TIEAA Guidelines – Period Of …
