The South African Reserve Bank estimates that the price of a basket of South African export commodities like gold, platinum and coal has declined by 20 per cent in US dollar terms over the past 12 months to September 2015. South Africa’s economic growth has disappointed in recent years.
It is with this in mind that the Central Bank of Trinidad and Tobago has developed several Guidelines which include Corporate Governance and Fit and Proper Assessment for both banks and insurance companies.