CREDIT INSTITUTIONS IN ARUBA
A license is required
The Aruba State Ordinance on the Supervision of the Credit System (Landsverordening toezicht kredietwezen, the “SOSCS”) prohibits anyone from engaging in the business of a credit institution (‘kredietinstelling’) in Aruba without a license issued by the Central Bank of Aruba (the “Central Bank”).
A credit institution is defined as an enterprise or institution […]
Filed under: legal by Karel.Frielink
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