Assignment authority is off

Curaçao and Antillean politicians and advisors know for sure, even before the Political Steering Committee between the Netherlands, Curaçao and St. Martin starts this afternoon: the assignment authority for the Attorney General of the government minister of Justice is off.

Victims Stanford hold Central Bank responsible

ORANJESTAD –– On behalf of two clients on Aruba and Curaçao, law office Van Giffen wants to bring charges against the Central Bank of  Aruba (CBA) on account of failing supervision in the fraude case of Stanford International Bank. The clients hold the CBA responsible in view of an article in the Amigoe of February 19th, where co-workers of the bank indicated to be worried about Stanford since the law on credit institutes (LTK) was implemented ten years ago.

Statement Mr. Alex D. Rosaria

What will be the effect of the Netherlands Antilles constitutional changes with respect to the position of its international financial service center? Read the statement on this subject by the State Secretary of Finance Mr. Alex D. Rosaria.

Spigt comes with new initiative

Lawyer Leo Spigt (Spigthoff) has introduced a new initiative on the Dutch market for legal services. Under the name Legal Legion he and two partners started a new firm that aims at legal work that is under the level of a standard law firm. Work that at this moment is being done by standard law firms or through outsourcing of lawyers, but that might as well be done by less qualified lawyers.

New chairman Cifa

State secretary Alex Rosaria (Finance, PNP) congratulates Bryan Irausquin with his election as new chairman of the Curaçao International Financial Services Association (Cifa). During a first conversation with the new chairman, the secretary indicated that he was looking forward to a good cooperation.

FirstCaribbean closes deal with Pristine Estates N.V.

FirstCaribbean Corporate Banking Curacao has successfully closed a landmark US$45 million refinancing transaction with Pristine Estates N.V. The company owns the 612-room 3.5 star Holiday Inn Resort and Casino in Aruba.