LATEST NEWS

10-Jul-2023

Treasury Bill Nos. 1709 and 1710

Invest in Treasury Bills Today! Treasury Bills are government-guaranteed investment instruments that are available to individuals and institutions. You are invited to submit bids to the Central Bank of Trinidad and Tobago by 12:00 noon on the auction date for the upcoming issue.

30-Jun-2023

Monetary Policy Announcement - June 2023

The international economic recovery is slowing down. Key factors include the ongoing Russia-Ukraine conflict and the impact of tightening of monetary policies to contain inflation. 

29-Jun-2023

Central Bank Shares Draft Cybersecurity Guidelines for Public Comments

The Central Bank of Trinidad and Tobago shared a draft of its Cybersecurity Guidelines for comments by the public on June 29, 2023. These Guidelines, when finalised in mid-September 2023, will be applicable to institutions regulated by the Central Bank. Other companies are encouraged to adopt the Guidelines voluntarily as a means of managing their cybersecurity risks.

The draft Guidelines incorporate 20 requirements arranged under 6 categories: (i) governance; (ii) risk management; (iii) awareness and training; (iv) business continuity and disaster recovery; (v) testing; and (vi) incident management and reporting.

The draft Guidelines are available for download here. Also available as background material are the video recording of a Webinar hosted by the Central Bank on Best Practices in Cybersecurity on June 6, 2023 and the accompanying PowerPoint Presentation.

Please send any comments to [email protected] by August 15, 2023.

16-Jun-2023

Monetary Policy Report - May 2023

Initially poised for recovery from the COVID-19 pandemic and the 2022 geopolitical shock, the global growth outlook dulled as financial risks surfaced.

16-Jun-2023

Visual Summary - Monetary Policy Report May 2023

Since the November 2022 Monetary Policy Report, risks to global financial stability from the monetary policy actions by major central banks to combat record-high inflation rates have surfaced, further dampening the global economic outlook.

02-Jun-2023

Webinar Presentation - Cybersecurity in Financial Institutions: Best Practices

Presented by Dr. Alvin Hilaire, Central Bank Governor, Mrs. Keisha Lashley, Assistant Manager, Information & Cybersecurity and Mrs. Michelle Francis-Pantor, Deputy Inspector, Financial Institutions at the Bank's public seminar on Cybersecurity in Financial Institutions: Best Practices held on June 06, 2023 at 10:00 a.m.
 

31-May-2023

Central Bank participated in the FSB RCG for the Americas Workshop and Meeting

The Central Bank of Trinidad and Tobago participated virtually in the Financial Stability Board (FSB) Regional Consultative Group (RCG) for the Americas meeting which was held in Toronto, Canada on May 25-26, 2023. Discussions focused on cross-border payments, financial institution resolution strategies, climate-related financial risks and the regulation of crypto assets. The Central Bank of Trinidad and Tobago is a member of the FSB RCG for the Americas and over the years, has benefitted from the exchange of information and ideas on many areas including micro and macro-prudential regulation, payments system oversight and climate change policy considerations. Click here to access the press release from the meeting. 

23-May-2023

National Pension Reform: Initial Considerations for Trinidad and Tobago (Working Papers, WP 03/2023)

Many countries have, within the last decade, actively pursued pension reform. Significant changes in many territories have become necessary to preserve retirement income systems, the sustainability of which is threatened by ageing populations, constantly fluctuating economic conditions and increasing labour informality.

17-May-2023

60th Bi-Annual Meeting of CARICOM Central Bank Governors

On May 16, 2023, CARICOM Central Bank Governors met virtually to review the macro-financial challenges posed by COVID-19 pandemic as well as to discuss economic challenges impacting the region. The meeting was hosted by the Bank of Jamaica.

17-May-2023

Treasury Bill No. 1706

Invest in Treasury Bills Today! Treasury Bills are government-guaranteed investment instruments that are available to individuals and institutions. You are invited to submit bids to the Central Bank of Trinidad and Tobago by 12:00 noon on the auction date for the upcoming issue.