The Central Bank of Trinidad and Tobago has published the 2016 Financial Stability Report.
The Report indicated that the financial system remains fairly stable, financial soundness indicators remain favorable and stress tests indicates strong commercial bank resilience to shocks.
The report also spoke on the implementation of Basel II capital adequacy requirements which are set to be in-force mid-2018; the progress of FATCA implementation and the assessment of the FATF’s Mutual Evaluation Report.
