FINANCIAL SERVICES AT TAMANA INTECH PARK
Foreign institutions in the areas of BPO/ Shared Services, Investment Banking, Asset Management and Professional Services will find an ideal operational environment at Tamana InTech Park.
Trinidad and Tobago has an active capital market. With over USD 12 billion worth of debt issued in the market for regional governments during the last 4 years, there is room for international expansion. Home to some of the largest commercial banks and financial institutions indigenous to the Caribbean, this country also hosts international firms such as the Royal Bank of Canada and Scotiabank.
Legislation specific to international finance centres, based on the best, most relevant, international standards and practices, is under development by the Trinidad and Tobago International Financial Centre (TTIFC). An onshore financial center, the TTIFC acts as a gateway to Latin America for financial institutions from North America, Europe and Asia.
Newly legislated Securities Act and expanded insurance regulations support the continued development of the financial industry while a Financial Intelligence Unit exists to deal with anti-money laundering and terrorism financing.