Dutch Caribbean Legal Portal

WILLEMSTAD – On November 1 DCSX held another special listing celebration at the Amidos Lighthouse offices of Amazia.

PHILIPSBURG--The St. Maarten Insurance Brokers Association (SIBA), on Tuesday, estimated the insured losses in St. Maarten as a result of Hurricane Irma at more than US $3 billion dollars.

THE HAGUE/STATIA--Hurricanes Irma and Maria caused an estimated $39 million in damage in St. Eustatius. The Committee for Financial Supervision CFT fears the financial consequences for the St. Eustatius Government if The Hague provides insufficient assistance.

WILLEMSTAD  – In tegenstelling tot beweringen in het als gezaghebbend geldende Nederlandse Het Financieele Dagblad (FD), namelijk dat KPMG jarenlang de accountant was van de Centrale Bank in Willemstad, blijkt uit meerdere verklaringen aan het Antilliaans Dagblad dat dit beslist niet het geval is.

HAMILTON, Bermuda – Butterfield Bank has entered into an agreement to acquire Deutsche Bank’s Global Trust Solutions (GTS) business, excluding its US operations.

PHILIPSBURG--The Florida-Caribbean Cruise Association (FCCA), the trade association representing the mutual interests of the cruise industry, destinations and stakeholders in the Caribbean and Latin America, has announced that St. Maarten has become the first destination partner of the Association’s multi-faceted, million-dollar campaign “The Caribbean Is Open.”

NEDERLAND - De grootste trustkantoren van Nederland zijn tevreden met het voornemen van Financiën om de nieuwe wet voor de sector aan te scherpen.

FLORIDA, United States – Don’t let the hurricane season shelve your Caribbean vacation—in fact, now may be the best time to cash on great deals to cruise to paradise.

DEN HAAG - Het nieuwe kabinet is strenger voor de Nederlandse trustsector. Er worden strengere regels ingevoerd en de bevoegdheden van toezichthouder De Nederlandsche Bank (DNB) worden uitgebreid, zo staat in het regeerakkoord.

MARIGOT--The French government has announced the creation of exceptional assistance to help businesses in St. Martin and St. Barths to restart after the passing of Hurricanes Irma and Maria.

MARIGOT--Aside from negotiating with the French State to secure necessary funding to rebuild St. Martin, President Daniel Gibbs admits he is very preoccupied by the prospect of unemployment skyrocketing now the majority of French-side businesses have been destroyed, looted, or both, after the hurricanes.

PHILIPSBURG - Government has put a preliminary price tag of US $1 billion on the material damage caused to the country’s infrastructure by monster Hurricane Irma on September 6.

WILLEMSTAD/WASSENAAR – HaoTian heeft met de succesvolle beursgang op de Dutch Caribbean Securities Exchange (DCSX) in Curaçao een belangrijke basis gelegd om nieuwe internationale markten te betreden.

PHILIPSBURG - Businesses in St. Maarten/St. Martin are opening their doors where possible. These three stores on Back Street stand out as examples of the island’s resilience.

NEW YORK--Moody's Investors Service has today placed the Baa2 issuer rating of the government of St. Maarten on review for downgrade. The outlook changed to “Ratings Under Review” from “Stable.”

UTRECHT - Notariskantoren hoeven voorlopig geen accountantsverklaring (samenstellingsverklaring) bij de kwartaalcijfers te overleggen aan hun toezichthouder, het Bureau Financieel Toezicht (BFT).

AMSTERDAM - De Autoriteit Financiële Markten heeft boetes van 400.000 en 500.000 euro opgelegd aan respectievelijk ABN AMRO en haar dochterbank ABN AMRO Clearing, omdat zij transacties te laat hebben gemeld.

PHILIPSBURG--The resilience of the St. Maarten people and her economy are shining through.

PHILPSBURG--All businesses in the country’s capital of Philipsburg have suffered damages from the catastrophic winds of Hurricane Irma and in some cases also from the widespread looting that followed, the Philipsburg Promotional Board (PPB) said on Wednesday.

PHILIPSBURG--A Small Business Development Centre (SBDC) is set open in the newly constructed Ms. Lalie Complex on Bush Road come October.