DEBT ISSUANCE UNDER THE LAWS OF THE NETHERLANDS ANTILLES
Credit linked notes (CLNs)
The relevant rule in respect of the issuance of CLN’s is article 45 of the Netherlands Antilles Banking Decree, which read as follows:
“It is prohibited to any person to attract moneys from the public or extend credit to the public by others than licensed credit institution.”
If the NV or BV issuing the [...]
Filed under: legal by Karel.Frielink
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