Investor Presentaiton
Main points
PG
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1. The global financial crisis highlighted the dangers of weak governance for economic stability.
2. Company incentive systems can sow the seeds for failure in the absence of diligent oversight.
International experience led to improvements in the governance framework for financial institutions.
Considerably more attention is being paid to governance in Central Banks worldwide.
5.
Market manipulation and collusion have tainted well-established statistical indicators.
6. Trinidad and Tobago's financial institutions play a crucial role in saving and investment activities.
7. Episodes of financial failure in Trinidad and Tobago can be linked in part to governance issues.
8. The current two-layer governance framework needs to evolve further.
The Central Bank is moving to fortify governance internally and in the oversight of licensees.
10. Companies themselves must adhere to principles of integrity, transparency and proper controls.
11. There must be concerted vigilance to ensure that good governance remains well entrenched.
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