Kingdom of the Netherlands—Netherlands Antilles: Assessment of the Supervision and Regulation of the Financial Sector Volume II— Detailed Assessment of Observance of Standards and Codes

August 26, 2004

Summary

This detailed assessment of the observance of standards and codes in the financial sector of the Kingdom of the Netherlands—Netherlands Antilles reviews implementation of the Basel Core Principles for effective banking. Legal provisions are in place entrusting the Bank of the Netherlands Antilles (BNA) to regulate the insurance sector and designate it as the licensing authority. The BNA considered that asset quality issues were relevant primarily for domestic institutions and less for international banks in the Netherlands Antilles.

Subject: Anti-money laundering and combating the financing of terrorism (AML/CFT), Bank supervision, Banking, Credit, Crime, Financial institutions, Financial regulation and supervision, Insurance, Insurance companies, Money

Keywords: AML guideline, Anti-money laundering and combating the financing of terrorism (AML/CFT), Bank supervision, board of directors, business plan, central bank, compliance officer, corporate governance, country risk, CR, Credit, credit institution, credit system, Global, Insurance, Insurance companies, interest rate, ISCR, senior management

Pages:
133
Volume:
2004
DOI:
https://doi.org/10.5089/9781451801033.002
Issue:
272
Series:
Country Report No. 2004/272
Stock No:
1ANTEA0022004
ISBN:
9781451801033
ISSN:
1934-7685

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