NEWSLETTER
Website Board of financial supervision
- August 25, 2008 7:31 AM
The Board of financial supervision (College financieel toezicht - CFT) has its own website: www.cft.an
Cft expects less introduction problems in Curacao
- August 25, 2008 7:19 AM
The Board of financial supervision (College financieel toezicht - Cft) anticipates that when the Order in Council for the Kingdom (AMvRB) temporary financial supervision takes effect at the end of this year perhaps, there will be less introduction problems for Curacao and St. Maarten than it is the case for the BES-islands.
Semeleer new boss Central Bank Aruba
- August 25, 2008 7:16 AM
Minister of Finance Nilo Swaen (left) announced the appointment of Jane Semeleer (middle) as the new president of the Central Bank of Aruba. On the right stands Mehran Hassanali who will resign as the managing director as per September.
Seizure of passports couriers
- August 25, 2008 7:07 AM
The Antillean court allows the Dutch passports of convicted drug couriers to be confiscated for three years. They are sentenced to a conditional punishment and can only travel between the Antillean islands with their ID-card. Couriers that live in the Netherlands receive a laissez passer to go back. The court says that a travel ban between the Netherlands and the Antilles is not enough.
Flanking measures not necessary
- August 25, 2008 7:04 AM
A 42-hour workweek; no longer pay hourly wages, but weekly; and do not base the first monthly 20 hours overtime on an overtime tariff. Now that Parliament has approved a 15-percent increase of the minimum wage, the Chamber of Commerce (KvK) has her own version of flanking policy, in view of ‘a sound island economy’. Parliamentarian Farie Metry doesn’t think that measures are necessary.
BNA must approve FCIB payment
- August 20, 2008 8:00 AM
Within two weeks, the Central Bank of the Neth.Antilles (BNA) must release the balance of the British V2 Limited, which is blocked on an account of the First Curaçao International Bank (FCIB), who on her turn has one week to transfer the more than 1.3 million British pounds (more than 4.2 million guilders) to V2’s curator in England, so that he can pay the creditor of V2. The judge decided that yesterday in the proceeding that curator Stephen Hunt has instituted against BNA and FCIB.
Girobank takes over the Centrale Hypotheek Bank
- August 20, 2008 8:00 AM
Girobank takes over the Centrale Hypotheek Bank (CHB). Both institutions signed a Letter of Intent on this yesterday. Once this transaction is done, Girobank will be offering mortgages on all the islands of the Neth.Antilles.
Lecture at UNA
- August 18, 2008 5:00 AM
The faculty of Law of UNA organizes a lecture , entitled "Developments in family and estate law of Surinam and the Netherlands Antilles".
Speaker: mr. S. Gangaram Panday , former notary, former member of the Court of Justice, president of the Legislation Committee of Surinam
Date: friday August 22, 2008
Place: Auditorium UNA
Time: 20.00 hour
Entrance: free
Language: Dutch
Tax law now includes notification liability
- August 15, 2008 11:02 AM
The Antilles took a very important step this morning in facilitating the exchange of information on tax matters and prevention of double taxation. This happened when Parliament unanimously passed an amendment in the General National Ordinance National-taxation.
TDS wins dispute on horeca's right on broadcast
- August 15, 2008 10:57 AM
The Court of Appeal still ruled in favour of TDS in the case of this company charging money for the broadcasting of soccer games in the horeca during the World Championship (WK) of 2006. The Court of First Instance annulled the Commercial Contract WK 2006 for broadcasting rights due to deviation.
Judge dismisses claim Third Wave
- August 15, 2008 10:53 AM
The judge dismissed the more than 118 million guilders claim of telecommunication company Third Wave against the Central Government again. It is a claim on two counts, inclusive interest.
ING boosts holdings in Peru
- August 13, 2008 5:11 AM
Dutch insurance group ING has increased its stake in two Peruvian pension fund managers, AFP Integra and ING Fondos, after acquiring stock from minority shareholders.
The transaction has a combined value of US$ 55 million, and hands ING an 80 per cent share in each company.
Antilles must be taken off the black lists
- August 12, 2008 6:09 AM
State Secretary Alex Rosaria (Finance, PNP) urges Taxation and Customs Union Directorate-General (Taxud) of the European Union to take the Antilles off the list of tax-paradises as soon as possible. Rosaria considers it wrongfully that the EU-countries Poland, Italy, Portugal, and Greece still have the Antilles on these so-called black lists.
Adriaens wants Antilles to have a say in ITU
- August 12, 2008 6:06 AM
In order to come up better for her interests, the Antilles would love to participate independently in Conferences of the International Telecommunications Union (ITU).
Minister Maurice Adriaens (Transport and Communication, FOL) told Houlin Zhao and Malcolm Johnson, respectively vice-secretary-general and director of ITU’s Standardization Bureau, world’s oldest telecommunication-standards organization that nowadays is part of the United Nations.
Dutch same-sex couples have the same rights as Dutch Caribbean opposite-married couples
- August 11, 2008 6:34 AM
According to a recent court ruling in the Netherlands Antilles (Court of First Instance, 17 July 2008), a same-sex couple that was married in the Netherlands and subsequently moved to the Netherlands Antilles (Curacao), has the same rights under Netherlands Antilles law (or Aruba law as the case may be) as Netherlands Antilles couples as far as health insurance is concerned. Dr. Douwe Boersema of Spigthoff Attorneys & Tax Advisers on Curacao represented the couple.
Santander / ABN Amro closes in Brazil
- August 11, 2008 6:29 AM
The largest cash M&A transaction ever – the purchase of Dutch bank ABN Amro by a consortium led by the Royal Bank of Scotland – has closed in Brazil.
Uría Menéndez led the global team for Banco Santander, the consortium member which bagged ABN Amro’s Latin American assets, with Uria’s affiliate Dias Carneiro Advogados leading the Brazilian work.
VBC urges fast amendment of fiscal law
- August 11, 2008 5:53 AM
The Curaçao Trade and Industry Association (Vereniging Bedrijfsleven Curaçao - VBC) is wondering why Parliament could not have interrupted their recess to put through the amendment of the fiscal law. “There is plenty of reason to proceed to this amendment due to the positive effects for employment, the generation of bills of exchange, more tax revenue for the government, and bigger activity for the international financial and business service sector”, said the VBC.
Charges brought against Debrot
- August 11, 2008 5:50 AM
Charges were pressed with the Public Prosecutor against former trader and advisor for international bunker activities at Curoil, Jason Debrot. The Board of Directors (RvC) wants to recoup losses for the damage that Debrot had supposedly caused the Curoil with his trading activities.
VBC fears for a set back in tourism
- August 11, 2008 5:20 AM
The worldwide economic development can work out negatively for Curacao. Especially the constantly increasing prices of air fare, through which the Dutch tourist will have to pay 200 euro more per person this winter season for a return Curacao from Amsterdam, won’t have a positive influence on the tourism.
Conference at UNA
- August 07, 2008 5:27 AM
On January 9th and 10th 2009 a conference will be held at The University of the Netherlands Antilles (UNA) entitled "Shared history, sharing the future: New York, Holland and Curacao - 400th anniversary of setting foot on Manhattan 1609-2009".