Trinidad and Tobago: Technical Assistance Report–Technical Assistance on Fintech Regulation and Legislation
Electronic Access:
Free Download. Use the free Adobe Acrobat Reader to view this PDF file
Summary:
The impact of fintech in Trinidad and Tobago is currently concentrated in the payments sector. In meeting with firms utilizing fintech, trade bodies, and public authorities, we found that the impact of fintech is not yet broad based and is permeating primarily in relation to e-money and payment service providers (PSP), and more slowly in other areas such as crowdfunding, robo-advice, and crypto assets. While data on the impact of fintech are limited, we use public information, conversations with authorities and market participants, and applications for licensing and outreach for regulatory support as guides, which suggest that fintech remains relatively concentrated.
Series:
Country Report No. 2023/322
Subject:
Digital currencies Financial institutions Financial regulation and supervision Fintech International organization Monetary policy Securities Securities regulation Technology Virtual currencies
Frequency:
regular
English
Publication Date:
September 7, 2023
ISBN/ISSN:
9798400254437/1934-7685
Stock No:
1TTOEA2023003
Format:
Paper
Pages:
40
Please address any questions about this title to publications@imf.org