Repo

Repo

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TTSEC announces implementation of Repo guidelines

On April 23rd 2012, the Trinidad & Tobago Securities & Exchange Commission launched the Repurchase Agreement Guidelines to participants in the securities market.

The Commission wishes to advise that the effective implementation date of the Repurchase Agreement Guidelines is July 23rd 2012.

Guidelines

Repurchase Agreement Guidelines 2012

The Commission recognizes the need for the regulation of the Repurchase Agreement Market, not only due to the mandate of the Commission under the Securities Industry Act, 1995 to ensure the orderly development of the capital market, but also as a result of the size of the industry and the potential systemic risks that are posed to the financial system if the market is left unregulated.

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