The TTSEC is mandated under Section 6(l) of the Securities Act, Chapter 83:02 of the Laws of the Republic of Trinidad and Tobago (the “Act”) to “assess, measure and evaluate risk exposure in the securities industry”. It is empowered under Section 7(1)(l) of the Act to “monitor the risk exposure of registrants and selfregulatory organisations and take measures to protect the interest of investors, clients, members and the securities industry.” To fulfil these objectives, the TTSEC utilises a Risk-Based Supervision (“RBS”) Framework, which was enhanced in 2021, to identify, assess, monitor, and mitigate the risks associated with registrants operating within the local securities market.
Read more – Risk Based Supervision Risk Assessment 2023