Filing Obligations in the Securities Market

In previous articles, the Trinidad and Tobago Securities and Exchange Commission (“TTSEC”) explained the various types of entities registered to conduct business activities in the securities market. Over the next two (2) articles, the TTSEC will discuss the filing obligations of these entities, specifically, the Reporting Issuer and Registrants. From …

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Securities Market Bulletin #6

The Novel Coronavirus (“COVID-19”) pandemic continues to affect various sectors of the world’s economies causing downturns across the globe. While global leaders implement fiscal and monetary stimulus packages, the economic development and outlook of many countries remain uncertain. The International Monetary Fund’s World Economic Outlook Update (June 2020) projected a …

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Fintech and the Securities Market – Part 4 of 5

In the past two (2) articles the Trinidad and Tobago Securities and Exchange Commission (“TTSEC”) discussed six (6) of the twelve (12) considerations related to the International Monetary Fund (“IMF”) – The Bali Fintech Agenda. The Bali Fintech Agenda Policy Paper[1] provides a blueprint for successfully harnessing Fintech opportunities by …

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Fintech and the Securities Market – Part 2 of 5

In last week’s article the Trinidad and Tobago Securities and Exchange Commission (“TTSEC”) discussed the importance of, and some of the risks associated with, Financial Technology (“Fintech”). This week, the TTSEC will be discussing the first three (3) considerations of the Bali Fintech Agenda.   Read more here—> Fintech and the …

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Other AML Areas – Wire Transfers and Non-Profit Organisations

As we come to the end of our AML series, we would like to discuss two final areas: Wire Transfers and Non-Profit Organisations. … Registrants must report large cash transactions and retain records on wire transfers regardless of whether any potential criminal activity is suspected or not. Section 34 of …

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Material Change Disclosures and COVID-19

The Novel Coronavirus (“COVID-19”) pandemic has caused disruption of varying levels and continues to affect many nations across the globe. This widespread disruption has impacted companies in different ways and has resulted in new and innovative ways to ensure business continuity and in some cases, has caused a negative impact …

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Who’s Who in the Securities Market

Entities that  engage in activities specified within the respective legislation that govern the TTSEC and the CBTT are required to be duly registered with the relevant  regulator/s. Investment activities that fall under the remit of the TTSEC may be undertaken by: Self-Regulatory Organisations, Broker-Dealers, Investment Advisers, Underwriters, Sponsored Broker-Dealers, Sponsored …

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Fintech and T&T’s Securities Market

The pervasive nature of Fintech and other digital innovations in the financial sector have the potential to transform the securities industry in Trinidad and Tobago, and enhance our global attractiveness for investment potential.  This transformation may improve the efficiency of the market whilst reducing transaction costs and encouraging growth in …

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