Regional central banks are making significant progress toward the establishment of the CARICOM Payment and Settlement System (CAPSS), a proposed regional payment platform that will enable seamless retail and commercial instant payments across member states in local currencies. CAPSS is intended to reduce transaction costs and improve payment efficiency, thereby strengthening regional trade and economic integration.
Press Releases
The Central Bank of Trinidad and Tobago hosted an engaging panel discussion on Virtual Asset Service Providers as part of its Research Review Seminar 2026, providing a forum for stakeholders to examine developments in the rapidly evolving digital asset landscape and their implications for innovation, regulation and financial stability.
The Central Bank of Trinidad and Tobago opened its annual Research Review Seminar 2026 on Thursday, September 10, 2026. Under the theme, “Operating in a Fractured World: Economic Resilience, Innovation and Sustainability”, the event brings together policymakers, academics, researchers, regulators and private sector representatives to examine the region’s evolving economic landscape.
GraceKennedy (Trinidad & Tobago) Limited (GKTT) was initially registered with the Central Bank of Trinidad and Tobago (Central Bank) solely as a Bill Payment Service Provider (BPSP), on September 30, 2014. Effective August 1, 2026, the Central Bank registered GKTT as a Payment Service Provider (PSP) in Trinidad and Tobago. This expanded registration authorises GKTT to offer a broader range of regulated payments services, including bill payment services.
The Central Bank’s National Financial Literacy Programme (NFLP), in collaboration with the Ministry of Culture and Community Development, presents Community Connect Town Halls—a free, interactive financial literacy experience that brings financial education directly to communities across Trinidad.
The Central Bank of Trinidad and Tobago (Bank) refers to media reports regarding the ongoing investigation into a quantity of US Dollar (USD) currency that was earmarked to be shipped out of the country. In light of the ongoing investigations, the Bank needs to exercise care in making any statement at this stage, but recognises that the public has questions about the exporting of US currency. These questions have arisen in the context of domestic demand for foreign exchange outstripping the supply and where legitimate requests for foreign exchange are not always met.
Representatives of the Central Bank of Trinidad and Tobago yesterday, May 26, led by Deputy Governor, Dr. Dorian Noel met with representatives of the Tobago Division of the Trinidad and Tobago Chamber of Industry and Commerce, as part of the Bank’s ongoing commitment to meaningful consultation with the business community across Trinidad and Tobago. This follows a recent engagement with the Chief Secretary of the Tobago House of Assembly in April 2026.
The Central Bank of Trinidad and Tobago welcomes the statement released by Republic Bank. The Central Bank’s intervention on the matter was minimal, and consistent with our commitment to working alongside the banking sector.
The Central Bank of Trinidad and Tobago’s National Financial Literacy Programme (NFLP) launched its inaugural FINLIT LIVE 2026 expo to an electrifying crowd on May 6 and 7 at the Centre of Excellence, Macoya. FINLIT LIVE 2026 — under the NFLP’s slogan “It’s Your Money, Know It to Grow It” — reached over 2,300 persons and saw representation from over 50 primary and secondary schools, with afternoon sessions geared towards tertiary institutions and members of the public. The event is part of the Central Bank’s continued thrust to deepen the NFLP’s reach and impact.
The Central Bank of Trinidad and Tobago acknowledges public concern generated by recent fee adjustments implemented by Republic Bank Limited, which took effect from May 1, 2026. The Central Bank is engaging Republic Bank directly on this matter. In sharing his position, Governor Larry Howai stated, “We understand why citizens are frustrated, and we do not take this sentiment lightly. Over the years, we have closely monitored fees and charges of commercial banks, and the data on this remains publicly available on our website. While our role as Regulator is defined by law, it is not a passive one. Citizens deserve a financial system that works in their interest, and the Central Bank will continue to advocate for that.”
