Micro and Macro-Prudential Reporting Framework (MMRF), why is it important?

As per Section 6 of the Securities Act, Chapter 83:02, of the Laws of the Republic of Trinidad and Tobago (SA), one of the critical functions of the Trinidad and Tobago Securities and Exchange Commission (TTSEC), is to “assess, measure and evaluate risk exposure in the securities industry”. The Micro and Macro-Prudential Reporting Framework (MMRF), is one of the many tools utilised by the TTSEC to achieve this mandate and is the focus of this article.

 

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