A more than 300 m thick succession of thick-bedded pink to grey limestone of the Norian – Rhaetian Khodz Group in the NW Caucasus serves to document the development of a temperate carbonate ramp during the final stages of the Cimmerian orogeny. Limestone samples were collected on the west side of Mt. Kolokolnia. The lower part of the Khodz Group contains bioclastic packstone microfacies composed largely of heterotrophic organisms: bryozoans, brachiopods, echinoderms, bivalves, small benthic foraminifers, juvenile ammonoids, agglutinated worm tubes, gastropods, ostracods and sponges. The upper part is comprised of layers of wackestone with frequent evidences of short episodes of emersion. Sponge spicules locally predominate; very few coral fragments also occur. Foraminiferal assemblages of the Khodz Group contain a high proportion of involutinids, including Licispirella violae (Blau), L. iranica (Senowbari-Daryan, Rashidi & Torabi), Coronaserra deminuta (Blau), Coronipora sp., ?Kristantollmanna bicarinata (Blau), Frentzenella perforata Rigaud, Blau, Martini & Rettori, ?Involutina turgida Kristan, ?Trocholina turris Frentzen, and T. ex gr. intermedia/umbo Frentzen, together with porcelaneous foraminifers such as Galeanella tollmanni (Kristan), and Decapoalina schaeferae (Zaninetti, Altiner, Dager & Ducret), which are typical reef dwellers in tropical platforms. Such faunal and foraminiferal association points to a shallow (photic zone) marine depositional environment. Trocholinids are among the most successful survivors of the end-Triassic crisis. The rich occurrence of diversified trocholinids in temperate Triassic seas at high latitudes within the western Eastern Laurasia palaeobiogeographic province suggests that: 1) temperate areas may have played an important role as refugia for marine life during this major biotic event, and 2) the importance of ocean acidification in the selective extinction of marine organisms is overestimated.