Newsletter for financial enterprises in the Caribbean Netherlands
We are pleased to present the newsletter for financial enterprises on Bonaire, Sint Eustatius and Saba. From now on we will also be publishing articles from De Nederlandsche Bank (DNB) in this newsletter, which will keep you more up to date with supervision.
The new standard amounts for consumer loans have been changed. The standard amounts apply to loans you will provide from 1 April 2017. The assessment also includes the costs of living. The standards have been indexed in line with prices.
Systematic analysis of integrity risks a priority for DNB
After a review of banks in Caribbean Netherlands, DNB has established that the way in which banks assess their integrity risks needs improvement. Risks of money laundering or corruption for example are not being adequately evaluated and targeted measures to prevent these activities are lacking. In its BES supervision therefore, DNB is prioritising the conduct of the mandatory systematic integrity risk analysis. Further information is available on the DNB website in Caribbean Netherlands: www.cn.dnb.nl.
The market monitor was sent to banks, credit associations and credit providers in February 2017. The market monitor is a list of questions about your business operation and certain issues relating to legislation and regulation. You have until 14 April to respond.
The AFM has been receiving signals that companies are offering credit in the form of purchase by instalments. Did you know that providers of this credit have to be licensed by the AFM?
Would you like to receive this newsletter or another AFM newsletter automatically? Then click on the link. Note that all our newsletters except the newsletter for the Caribbean Netherlands are in Dutch only.
The AFM is committed to promoting fair and transparent financial markets. As an independent market conduct authority, we contribute to a sustainable financial system and prosperity in the Netherlands.
If you have any questions with regard to this newsletter, please send an email to 
Would you like to receive this newsletter or another AFM newsletter automatically? Then click on the link. Note that all our newsletters except the newsletter for the Caribbean Netherlands are in Dutch only.
