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Tag archive for ‘CFT’
By The Publisher On Friday, October 16th, 2020
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UP-leader Brison spins the 75 million bond issue story

PHILIPSBURG – United People’s party leader MP Rolando Brison said in an interview with Curacao’s TV Direct program Notisia 13 that Finance Minister Ardwell Irion is “one hundred percent correct” in his More...

By The Publisher On Friday, October 16th, 2020
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Pro Soualiga Foundation is grasping at straws with letter to Cft

PHILIPSBURG – After its defeat in the Court in First Instance on October 9, the Pro Soualiga Foundation sent a letter to the chairman of financial supervisor Cft asking that it ceases operations because the Cft More...

By The Publisher On Thursday, October 15th, 2020
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Minister Irion contests Cft’s take on article 16

PHILIPSBURG – Finance Minister Ardwell Irion disagrees with financial supervisor Cft about its opinion that, by floating a 75 million guilders bond with the Central Bank, St. Maarten violates article 16 of the More...

By The Publisher On Thursday, June 11th, 2020
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Follow the money

By Hilbert Haar If I assume that the finance ministry is putting together the country’s budgets to the best of its abilities the conclusion must be that there is definitely something wrong. Maybe not with those More...

By The Publisher On Sunday, November 3rd, 2019
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Cft budget advice: civil servants and politicians have to pony up

PHILIPSBURG – St. Maarten has to take more measures to create a budget surplus, the Board financial supervision (Cft) writes in its advice about the 2020 budget to Finance Minister Perry Geerlings. The financial More...

By The Publisher On Friday, July 26th, 2019
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A thoughtful expose

By Hilbert Haar Running a country is not a profitable business. If the Netherlands, or St. Maarten or Curacao for that matter, had been private sector businesses they would have had to close their doors a long time More...

By The Publisher On Saturday, April 6th, 2019
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Kingdom imposes conditions for liquidity support

THE HAGUE — St. Maarten will only get liquidity support from the Netherlands in 2019 if it complies with several conditions the Kingdom Council of Ministers has put in place. “These conditions see – More...

By The Publisher On Thursday, January 17th, 2019
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Supervision

By Hilbert Haar There is no doubt that financial supervision is useful. St. Maarten agreed to this supervision when it obtained country status in 2010. The question is now: did financial supervision improve our More...

Picture by © Berber van Beek www.studiorootz.co
By The Publisher On Thursday, January 17th, 2019
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Financial supervision remains in place for another three years

PHILIPSBURG – St. Maarten and Curacao will remain under financial supervision until at least 2021. The committee that evaluated the countries’ level of compliance with the Kingdom law financial supervision More...

By Desk Editor On Tuesday, June 26th, 2018
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Minister Johnson says thank you to Dekker and Plantz

POND ISLAND — Sint Maarten — The Board of Financial Supervision of Curacao and Sint Maarten (Cft) will see two of its members namely, Sybilla Dekker and Maria Plantz leaving the aforementioned board. Dekker More...