The Trinidad and Tobago Securities and Exchange Commission participated in the Caribbean Community (CARICOM) Regional Meeting on Advancing Cross-Border Payment and Settlement Innovation, focused on developing a modern, technology-enabled framework for cross-border payments and settlement across CARICOM. Represented by Deputy CEO Lystra Lucillio and Sugrim Mungal, Manager of Policy, Research and Planning, the Commission presented on cross-border securities trading and smart-contract settlement, setting out its assessment of the proposed cross-border system and the implications for regional market development. The presentation highlighted regulatory considerations including liquidity management, market access, interoperability, investor protection, market integrity, and systemic risk, alongside broader discussion at the meeting on harmonisation and the development of a secure and efficient regional capital market within the framework of the Revised Treaty of Chaguaramas.
Trinidad & Tobago Securities & Exchange Commission 2025-12-15
Trinidad and Tobago Securities and Exchange Commission joins CARICOM meeting on cross-border payments and smart-contract securities settlement
The Trinidad and Tobago Securities and Exchange Commission attended a CARICOM Regional Meeting on cross-border payment and settlement innovation. Deputy CEO Lystra Lucillio and Sugrim Mungal discussed cross-border securities trading and smart-contract settlement, focusing on regulatory considerations like liquidity management, market access, and systemic risk. The meeting also covered harmonization and developing a secure regional capital market under the Revised Treaty of Chaguaramas.