LATEST NEWS

26-Sep-2023

The Role of the Government of Trinidad and Tobago in Facilitating Financial Development and Financial Inclusion

This research paper by Alon Dhanessar concludes that in order to promote financial inclusion and development, and reduce domestic funding gaps, government policies and programmes should be designed to reduce hurdles to access and usage, while encouraging financial system innovation

18-Sep-2023

Treasury Bill Nos. 1713 and 1714

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.

15-Sep-2023

Office of the Financial Services Ombudsman Opens its Tobago Office

On September 15, 2023 the Office of the Financial Services Ombudsman(OFSO) opened its Tobago office to reestablish a presence for the convenience of the Tobago public. This milestone achievement was commemorated with a symbolic ribbon cutting ceremony on location at the Victor E. Bruce Financial Complex, Post Street, Scarborough Tobago.

14-Sep-2023

Central Bank Issues Cybersecurity Best Practices Guideline

The Central Bank of Trinidad and Tobago has issued the Cybersecurity Best Practices Guideline following comments from the public on the draft Guideline. The Guideline is applicable to institutions regulated by the Central Bank.  Other companies are encouraged to adopt the Guideline as a means of managing their cybersecurity risks but are not required to report to the Central Bank.

The Guideline incorporates 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 Guideline is available for download here along with the Cyber Incident Reporting Form and a Self-Assessment Checklist.

Click here to view our webinar on Cyber Security in Financial Institutions: Best Practice held in June 2023.

08-Sep-2023

Public Notice

Digital Transformation of the Bank’s Supply Chain Management for enhanced Vendor Relationships, automation of the vendor and procurement management application and updated purchase order format and process.

07-Sep-2023

IMF Technical Assistance on Fintech Regulation and Legislation

At the request of the Central Bank of Trinidad and Tobago (CBTT), and Trinidad and Tobago Securities and Exchange Commission (TTSEC) to the International Monetary Fünf (IMF), a Monetary and Capital Markets (MCM) Department mission, supported by the Legal Department (LEG) conducted desk-based capacity development and visited Port of Spain in-person during April 26–28, 2023.

05-Sep-2023

Panel Discusses Crypto Asset Regulation in Trinidad and Tobago

On September 5, 2023 Trinidad and Tobago’s Central Bank (CBTT) and Securities & Exchange Commission (TTSEC) hosted a high-level panel discussion on “Considerations in Crypto Asset Regulation”. The objectives were to advance public education and gather perspectives on an appropriate domestic regulatory framework for crypto assets.

04-Sep-2023

Central Bank Registers 3 E-Money Issuers

On September 1, 2023 the Central Bank of Trinidad and Tobago registered 3 companies to carry on the business of E-Money Issuers – PayWise Limited, the Telecommunications Services of Trinidad and Tobago (TSTT) Limited and PESH Money Limited (PESH) following a period of provisional registration for the 3 companies.

28-Aug-2023

Economic Bulletin July 2023

Economic activity is expected to improve in 2023, bolstered by activity in both the energy and non-energy sectors. Natural gas supplies should continue to benefit from key upstream energy sector projects, while non-energy sector performance will be driven by increased business activity and the continued resurgence of consumer demand.

28-Aug-2023

Visual Summary - Economic Bulletin July 2023

The Visual Summary presents highlights, inclusive of a visual representation of the key points of the Economic Bulletin for July 2023.