Trinidad and Tobago : Selected Issues

Publication Date: March 30, 2011
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Summary: In this study, the economic developments and policy responses of Trinidad and Tobago after the crisis is reviewed. Policy recommendations are used to strengthen the legal and regulatory framework. According to the IMF’s financial system stability assessment (FSSA), there were critical gaps in the overall legal, regulatory, and supervisory structure for the insurance sector. The quality of insurance sector supervision can be assessed against internationally accepted established “core principles.” In this paper, an overview is presented of why the crisis occurred and some suggestions on how to prevent a future crisis.
Series: Country Report No. 11/74
Subject(s): Bank supervision | Banking sector | Credit | Financial risk | Insurance supervision | Nonbank financial sector | Risk management | Selected issues

Publication Date: March 30, 2011
ISBN/ISSN: 9781455228119/1934-7685 Format: Paper
Stock No: 1TTOEA2011002 Pages: 39
US$18.00 (Academic Rate:
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