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Dutch Caribbean Business Guides

Tromp demands investigation into "insinuations"

May 25, 2011 7:14 AM

Central Bank director Emsley Tromp demands an investigation into ‘insinuations’ and rumors in the local media on his role with a personal loan at a local banking institution.

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KLM looses case on claims with delay at Hato

May 25, 2011 6:59 AM

THE HAGUE — The Conciliation Board of Aviation decided against airline company KLM in a dispute with at least one passenger, who had been delayed more than one day due to a technical defect, demanding repayment of her ticket.

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Tromp misses a sense of urgency

May 24, 2011 12:34 PM

According to President of the Central Bank of Curaçao and St. Maarten (CBCS) Emsley Tromp, there appears to be no sense of urgency to tackle the rising deficit on the current account of the balance of payments and other urgent matters.

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Advisory Council slates 80/20-regulation

May 24, 2011 12:31 PM

The 80/20-regulation is against the equality principle, according to the Advisory Council (RvA) in their advice on the ‘initiative concept national regulation to enhance a fair employment chance for local workers’ submitted by the PS-party. In their advice, the RvA queries the concept, stating amongst others that it is ill-founded, requiring further research and even superfluous.

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Difficult budgetary process St. Maarten main issue during Cft visit

May 23, 2011 11:42 AM

The budgetary process, which was an uphill struggle and not finished yet, was the most important subject of discussion on St. Maarten during the meetings of the Council financial supervision (Cft) with both the Minister of Finance and the Minister President as well as the Council of Ministers and the States of St. Maarten.

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Bas Roorda loses injunction, ministers will have to testify

May 23, 2011 6:22 AM

PHILIPSBURG--Bas Roorda has lost the injunction in which he sought his reinstatement as head of the Finance Department, but the judge granted his request to hear four witnesses in the court case on the merits concerning his dismissal for violation of the pledge of secrecy.

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"The Hague failed to demand annual accounts from islands"

May 23, 2011 6:19 AM

THE HAGUE--The General Audit Chamber in the Netherlands believes the Dutch Ministry of Home Affairs and Kingdom Relations BZK should have pushed harder to ensure that the former Netherlands Antilles and its Island Territories produced audited and approved annual accounts.

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A lot to be done for partition

May 19, 2011 6:11 AM

The liquidation committee entrusted with the partition of all remaining assets, stocks, debts and liquid assets of the Antilles under the new countries Curaçao and St. Maarten and The Netherlands that will assume the part of the BES-Islands (Bonaire, St. Eustatius and Saba), held a meeting last week.

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Notarial lawyers start new firm

May 17, 2011 7:37 AM

As per 1 May 2011 a new firm was started on Curacao by notarial lawyers Klazien van Zwieten and Gerard Roos: Notarieel Juridisch Advieskantoor Van Zwieten & Roos, specialized in family law and legal advice on property development and real estate law.

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Roorda against Government Sint Maarten

May 16, 2011 7:57 AM

PHILIPSBURG--Bas Roorda and the St. Maarten government crossed swords in Court on Friday for the second time this week. This time Roorda was seeking reinstatement as head of the Finance Department.

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BANKING REGULATIONS IN THE DUTCH CARIBBEAN

May 16, 2011 7:23 AM

Soliciting funds requires a license

The Netherlands Antilles was dissolved on October 10, 2010. Prior to that date the Netherlands Antilles consisted of Curacao, St. Maarten, Bonaire, St. Eustatius, and Saba, and formed, together with the Netherlands and Aruba, the Kingdom of the Netherlands.

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Ecology organizations loose case against construction of Ritz-Carlton

May 13, 2011 7:45 AM

ORANJESTAD — The four ecology organizations that had instituted proceedings against the government last September to block the construction of the Ritz-Carlton Hotel, have lost this lawsuit.

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Judge sustains Leonara's bank guarantee to Sandmann

May 13, 2011 6:24 AM

Within one week, Arnold Leonora, the current owner of DAE, must give former DAE owner Niek Sandmann a bank guarantee of 1.5 million dollars issued by a local bank.

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Enactment against money laundering and financing of terrorism not ready yet

May 10, 2011 6:20 AM

ORANJESTAD — The tightened up enactment and rules for the financial sector against money laundering and financing of terrorism is not ready yet.

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Chamber of Commerce protects online register

May 09, 2011 6:21 AM

The Chamber of Commerce (KvK) has taken extra security measures to protect the online register of registered companies and institutions.

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World Intellectual Property Day

May 05, 2011 7:49 PM

Each year, the Association of Trademark Attorneys organizes after work drinks honoring the World Intellectual Property Day.

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PLC Recommendations for the Dutch Caribbean (Curacao)

May 05, 2011 7:19 PM

Independant publisher Practical Law Company has published the PLC/Which Lawyer list for (the islands formerly known as) the Netherlands Antilles in which, based upon independent research, law firms and individual lawyers are listed.

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Het (toekomstig) eenzijdig wijzigingsbeding

May 05, 2011 6:49 PM

Op 18 maart 2011 heeft de HR een arrest gewezen over het eenzijdig wijzigingsbeding ex art. 7:613 BW. Vindplaats: www.rechtspraak.nl, LJN BO9570.

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WHO DETERMINES THE POLICY OF A DUTCH CARIBBEAN COMPANY?

May 05, 2011 4:02 PM

The management board is in charge

The shareholders have the authority to determine the general policy of a Dutch Caribbean NV or BV.

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Criticism Bar on supervision MOT

May 05, 2011 7:37 AM

In a lecture entitled ‘Over advocaten, integriteit, identificatie en ongebruikelijke transacties’ President of the Bar Karel Frielink stated that the Curacao Bar Association has objections on principle against inspection of client files from lawyers by the MOT (Meldpunt Ongebruikelijke Transacties).

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