The Trinidad and Tobago Securities and Exchange Commission has strengthened its supervisory oversight of Collective Investment Schemes (CISs) given the significance of the sector in Trinidad and Tobago by amending its Volume Report submissions.
The data collected from the revised Volume Report will allow for the assessment of the fund’s governance, asset and client concentration, liquidity profile as well as climate related risks.
Please note the following:
- As per Section 136 (6) (b) of the Securities (Collective Investment Schemes) Bye-Laws, 2023 , Volume Reports shall be filed with the Commission within fifteen (15) days of the end of each month of operation of the Collective Investment Scheme.
- Fund Managers are required to complete a Volume Report Submission for each fund they manage.
- In completing the forms, registrants are required to use the most recent version of the Volume Report forms, which can be found under the section “Volume Report Forms” enclosed below. Please do not copy and paste from previous submissions where older versions of the forms were utilized.
- All submitted Volume Reports are required to include the fund’s name or acronym and the relevant reporting period in the filename.
- Please ensure the accuracy and completeness of all submissions and resubmissions. It is essential that all documents are thoroughly reviewed and verified prior to submission
- All Volume Report submissions should be emailed to cissubmissions@ttsec.org.tt
- You will be advised of any additional changes made to forms and the period from which submissions will be required using the revised form(s).
These submissions are part of your ongoing reporting requirements, and we look forward to your continued cooperation in this regard.
Email comments, questions or concerns to cissubmissions@ttsec.org.tt
Staff Comments
*For Broker-Dealers that are investment managers of CISs, the SEC-MMRF01 and SEC-MMRF02 must be completed for the investment manager itself as well as for each CIS that it manage.
** For an Investment Adviser who has a proprietary book, the SEC-MMRF04 must also be completed.
Advisory
Please be advised that the MMRF Forms have been updated effective 05th August 2025. Registrants are required to complete only those forms in the MMRF Workbook that relate to their business activity as illustrated in the tables above.
Each reporting entity is required to complete the coversheet, which captures general information on registrants and collective investment schemes (“CISs”).
This is a statement of the assets, liabilities and capital of a registrant at a particular point in time. For a CIS issuing different classes of units, a separate Balance Sheet must be completed and submitted for each class.
This form will capture information on the income and expenditure of registrants. For a CIS issuing different classes of units, a separate Income Statement must be completed and submitted for each class.
This form aims to capture the name, holdings, price and market value of each financial asset held on the CIS portfolio for which this report pertains. For a CIS issuing different classes of units, a separate CIS Portfolio Composition form must be completed and submitted for each class.
This form captures information on all securities held by a Broker Dealer that have not been used as collateral for either a Repurchase Agreement or Repurchase Agreements for the purpose of assessing the overall risk exposure of the registrant.
This form collects information on the securities assigned to the repo portfolio and the category of each repo client. “Repo” means a “Repurchase Agreement” which is the sale of a security with a commitment by the Seller to buy the same or equivalent security back from the Purchaser at a specified price and at a designated date in the future.
This form collects information on the number of Repo contracts a registrant has in issue and the value of total repo obligations categorised by currency.
This form collects information on the repo agreements entered into during the reporting period by a repo seller.
This form collects information on OTC transactions where a registrant acted as agent (arranger) or principal (buyer/seller). For the purposes of the form, an OTC transaction includes any trade not occurring on a securities or stock exchange.
This form collects information on the type of investors in a CIS as at the end of the reporting period. For a CIS issuing different classes of units, a separate CIS Investor Breakdown form must be completed and submitted for each class.
This form collects information on the transactions carried out by a CIS during the reporting period. For a CIS issuing different classes of units, a separate CIS Transaction Form must be completed and submitted for each class.
The purpose of this form is to capture information on all primary issues of securities that do not trigger the registration requirements of section 62(1) of the Securities Act, 2012 and arranged by the Broker-Dealer for financing.