All about Committee for Financial Supervision

Photo Cft 4 october 2017
By Edition On Monday, December 10th, 2018

Cft: significant deterioration finances in third-quarter

WILLEMSTAD - The Board of Financial Supervision (Cft) announced in a letter to Minister of Finance Kenneth Gijsbertha that the financial situation of Curaçao in the third quarter has deteriorated considerably. The More...

Evaluation Committee
By Edition On Monday, November 12th, 2018

Evaluation committee Kingdom Act financial supervision visits the Governor

WILLEMSTAD - On 8 November the evaluation committee of the Dutch Financial Supervision Act paid a courtesy visit to the Governor of Curaçao, Her Excellency Lucille George-Wout. In accordance with Article 33, seventh More...

Cft - 20180131
By Edition On Monday, November 5th, 2018

CFT asks about salary cut of St. Maarten politicians

THE HAGUE - The Committee for Financial Supervision CFT wants to know when the St. Maarten government intends to carry out the earlier promise to cut the salaries of ministers and members of Parliament by ten per More...

Cft Curacao & Sint Maarten
By Edition On Thursday, October 25th, 2018

St. Maarten: Concrete measures are needed for financial recovery

Challenges to prevent debt position from becoming unsustainable PHILIPSBURG - Sint Maarten recently presented the Financial Recovery Plan. According to that plan, budget surpluses will be accomplished as of 2021 More...

CFt BES (Large)
By Edition On Thursday, October 18th, 2018

Cft chairman Raymond Gradus: “Bonaire is not adequately implementing legislation, threat of escalation ensues”

KRALENDIJK - The Board of financial supervision Bonaire, Sint Eustatius and Saba (Cft) has called on both the Executive Council and the Island Council to demonstrate more decisiveness. The Cft has been stating for More...

By Edition On Thursday, October 18th, 2018

Cft: About time that Curaçao addresses sustainable public finance

Newly-made agreements government and Cft have to turn the situation around WILLEMSTAD - Considerable effort has been made to balance the 2018 budget, however the multi-year budgetary problem of Curaçao still is More...

Photo Cft 4 october 2017
By Edition On Sunday, October 7th, 2018

CFT: ‘Curaçao has too much red tape’

WILLEMSTAD - The absence of economic growth after 10-10-'10 is mainly due to the extensive 'red tape', labor legislation and the relative 'high cost of doing business'. Curaçao is therefore not attractive to investors. More...

Cft - 1
By Edition On Friday, September 28th, 2018

Russell Voges appointed in Board of financial supervision Curaçao and Sint Maarten (Cft)

PHILIPSBURG, THE HAGUE - On September 28th, 2018 the Council of Ministers for the Kingdom agreed on the intention to propose Mr. Russell Voges to the King as a member of the Board of financial supervision Curaçao More...

By Edition On Tuesday, September 18th, 2018

Gijsbertha guarantees dividend payment UTS to the government of Curaçao

WILLEMSTAD - No special provision needs to be made for the dividend payment of the telecommunication company UTS. The government writes this in its letter to the Council for Financial Supervision (CFT). The institution More...

Ministry of Finance
By Edition On Monday, September 17th, 2018

CFT criticizes Curaçao for poor communication; Minister disagrees

WILLEMSTAD - The criticism from the Council for Financial Supervision (CFT) that the communication between Curacao and the CFT is bad was denied by the Minister of Finance Kenneth Gijsbertha. But Gijsbertha does More...