Several exemptions available In the Netherlands Antilles National Decree of 1995 constituting general requirements pursuant to article 1 (3) of the National Ordinance on the supervision of banking and credit institutions 1994, Groupfinco’s (‘concernfinancieringsmaatschappijen’) have been exempted from the application of the Ordinance. The Decree defines “Groupfinco’s” as Credit Institutions, which (i) form part of… Continue reading REGULATORY ASPECTS OF A FINCO AND GROUPFINCO UNDER THE LAWS OF THE NETHERLANDS ANTILLES
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