Kingdom of the Netherlands-Curaçao and Sint Maarten: Technical Assistance Report-Implementation of Risk-Based Supervision

Kingdom of the Netherlands-Curaçao and Sint Maarten: Technical Assistance Report-Implementation of Risk-Based Supervision PDF Author: International Monetary
Publisher: International Monetary Fund
ISBN:
Category : Business & Economics
Languages : en
Pages : 71

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Book Description
The CBvCSM is the sole supervisory authority for all regulated financial institutions operating locally and in the offshore (or international) sector, as well as the stock exchange in Curacao and St Maarten. The financial sector comprises different types of institutions, which include banks and non-bank institutions, insurance companies (both Life, and Non-life), securities intermediaries, asset management firms, investments institutions, fund administrators, management of pension funds, reinsurers, and trust companies.

Kingdom of the Netherlands-Curaçao and Sint Maarten: Technical Assistance Report-Implementation of Risk-Based Supervision

Kingdom of the Netherlands-Curaçao and Sint Maarten: Technical Assistance Report-Implementation of Risk-Based Supervision PDF Author: International Monetary
Publisher: International Monetary Fund
ISBN:
Category : Business & Economics
Languages : en
Pages : 71

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Book Description
The CBvCSM is the sole supervisory authority for all regulated financial institutions operating locally and in the offshore (or international) sector, as well as the stock exchange in Curacao and St Maarten. The financial sector comprises different types of institutions, which include banks and non-bank institutions, insurance companies (both Life, and Non-life), securities intermediaries, asset management firms, investments institutions, fund administrators, management of pension funds, reinsurers, and trust companies.

Kingdom of the Netherlands-Curacao and Sint Maarten

Kingdom of the Netherlands-Curacao and Sint Maarten PDF Author: International Monetary Fund. Western Hemisphere Dept.
Publisher: International Monetary Fund
ISBN: 1513539361
Category : Business & Economics
Languages : en
Pages : 85

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Book Description
This 2019 Article IV Consultation focuses on Curaçao and Sint Maarten’s near and medium-term challenges and policy priorities and was prepared before coronavirus disease 2019 became a global pandemic and resulted in unprecedented strains in global trade, commodity and financial markets. The fiscal position in Curaçao improved in the past two years, in part due to implemented fiscal measures. Both Curaçao and Sint Maarten would benefit from introducing a Fiscal Responsibility Framework. It could incorporate a central government debt ratio as a long-term anchor and operational rules calibrated to meet it. The report suggests that risks in the financial sector need to be addressed as a matter of priority. The authorities should develop a strategy for addressing financial sector vulnerabilities with the objective of preserving financial stability while minimizing fiscal costs. Significant strengthening of supervision and a complete overhaul of the bank resolution framework are also urgently needed. An across-the board improvement in the governance framework should be a key priority in both countries. Vulnerabilities in the financial system point to the need to strengthen governance in the financial sector.

Kingdom of the Netherlands—Curaçao and Sint Maarten

Kingdom of the Netherlands—Curaçao and Sint Maarten PDF Author: International Monetary Fund. Western Hemisphere Dept.
Publisher: International Monetary Fund
ISBN: 1484395964
Category : Business & Economics
Languages : en
Pages : 63

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Book Description
Weak growth and underlying structural vulnerabilities persist in both Curaçao and Sint Maarten. Worsened macroeconomic conditions—reflecting the spillovers from one of Curaçao’s largest trading partners and the devastation from Hurricanes Irma and Maria in Sint Maarten—make the need for policy adjustment and structural reforms aimed at ensuring fiscal sustainability, enhancing competitiveness, strengthening investor confidence, and developing capacity more urgent.

Assessment of media development in Curaçao

Assessment of media development in Curaçao PDF Author: Pin, Renske
Publisher: UNESCO Publishing
ISBN: 9231001442
Category :
Languages : en
Pages : 241

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Book Description


Kingdom of the Netherlands—Curaçao and Sint Maarten: Selected Issues

Kingdom of the Netherlands—Curaçao and Sint Maarten: Selected Issues PDF Author: International Monetary
Publisher: International Monetary Fund
ISBN: 151359446X
Category : Business & Economics
Languages : en
Pages : 17

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Book Description
Selected Issues

International Narcotics Control Strategy Report

International Narcotics Control Strategy Report PDF Author:
Publisher:
ISBN:
Category : Drug abuse
Languages : en
Pages : 572

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Book Description


The Dutch Criminal Justice System

The Dutch Criminal Justice System PDF Author: P. J. P. Tak
Publisher:
ISBN:
Category : Criminal justice, Administration
Languages : en
Pages : 204

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Book Description


Annual Report on Exchange Arrangements and Exchange Restrictions 2013

Annual Report on Exchange Arrangements and Exchange Restrictions 2013 PDF Author: International Monetary Fund. Monetary and Capital Markets Department
Publisher: International Monetary Fund
ISBN: 1484366808
Category : Business & Economics
Languages : en
Pages : 105

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Book Description
This is the 64th issue of the AREAER. It provides a description of the foreign exchange arrangements, exchange and trade systems, and capital controls of all IMF member countries. It also provides information on the operation of foreign exchange markets and controls on international trade. It describes controls on capital transactions and measures implemented in the financial sector, including prudential measures. In addition, it reports on exchange measures imposed by member countries for security reasons. A single table provides a snapshot of the exchange and trade systems of all IMF member countries. The Overview describes in detail how the general trend toward foreign exchange liberalization continued during 2012, alongside a strengthening of the financial sector regulatory framework. The AREAER is available in several formats. The Overview in print and online, and the detailed information for each of the 191 member countries and territories is included on a CD that accompanies the printed Overview and in an online database, AREAER Online. In addition to the information on the exchange and trade system of IMF member countries in 2012, AREAER Online contains historical data published in previous issues of the AREAER. It is searchable by year, country, and category of measure and allows cross country comparisons for time series.

The Coordinated Direct Investment Survey Guide 2015

The Coordinated Direct Investment Survey Guide 2015 PDF Author: MissRita Mesias
Publisher: International Monetary Fund
ISBN: 1513519417
Category : Business & Economics
Languages : en
Pages : 126

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Book Description
This Coordinated Direct Investment Survey Guide (Guide) has been prepared to assist economies in participating in the Coordinated Direct Investment Survey (CDIS). The CDIS is being conducted under the auspices of the Statistics Department of the IMF across a wide range of economies. The survey is conducted simultaneously by all participating economies; uses consistent definitions; and encourages best practices in collecting, compiling, and disseminating data on direct investment positions. The CDIS is thus an important tool in capturing world totals and the geographic distribution of direct investment positions, thereby contributing to important new understandings of the extent of globalization, and improving the overall quality of direct investment data worldwide. As of the writing of this updated Guide, more than 100 economies participate in the CDIS.

Poverty and Shared Prosperity 2016

Poverty and Shared Prosperity 2016 PDF Author: World Bank Group
Publisher: World Bank Publications
ISBN: 1464809798
Category : Business & Economics
Languages : en
Pages : 336

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Book Description
Poverty and Shared Prosperity 2016 is the first of an annual flagship report that provides a global audience comprising development practitioners, policy makers, researchers, advocates, and citizens in general with the latest and most accurate estimates on trends in global poverty and shared prosperity. This edition documents trends in inequality and identifies recent country experiences that have been successful in reducing inequalities, provides key lessons from those experiences, and synthesizes the rigorous evidence on public policies that can shift inequality in a way that bolsters poverty reduction and shared prosperity in a sustainable manner.Specifically, the report addresses the following questions: •What is the latest evidence on the levels and evolution of extreme poverty and shared prosperity?•Which countries and regions have been more successful in terms of progress toward the twin goals and which are lagging behind? •What does the global context of lower economic growth mean for achieving the twin goals? •How can inequality reduction contribute to achieving the twin goals?•What does the evidence show concerning global and between- and within-country inequality trends?•Which interventions and countries have used the most innovative approaches to achieving the twin goals through reductions in inequality? The report makes four main contributions. First, it presents the most recent numbers on poverty, shared prosperity, and inequality. Second, it stresses the importance of inequality reduction in ending poverty and boosting shared prosperity by 2030 in a context of weaker growth. Third, it highlights the diversity of within-country inequality reduction experiences and synthesizes experiences of successful countries and policies, addressing the roots of inequality without compromising economic growth. In doing so, the report shatters some myths and sharpens our knowledge of what works in reducing inequalities. Finally, it advocates for the need to expand and improve data collection—for example, data availability, comparability, and quality—and rigorous evidence on inequality impacts in order to deliver high-quality poverty and shared prosperity monitoring.