Sunday, February 28, 2021
- About Us
- Bank News
- Publications
- Statistics
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Notes & Coins
- Security Features 2003 Series
- Commemorative Coins
- Reproduction conditions 2003 series (in Dutch)
- Reproduction conditions 2019 series (in Dutch)
- Reproduction conditions 2019 series (in English)
- Low dpi 2019 series banknote images
- Policy Reporting of Unusual Transactions to the FIU
- Source of funds declaration form
-
Supervision
- Public Registers of Entities Under Supervision of the Bank
- Integrity and AML-CFT supervision
- Money Transfer Companies
- Trust Service Providers
- Insurance Brokers
- Pawnshops and Compra y Benta Companies
- Securities Business
- External Auditor
- New Chart of Accounts
- Integrity Risk Control on Financial Institutions and Trust Service Providers
- AML/CFT framework
- Financial Sanctions Regulations
- (C)FATF
- Supervisory powers
- Enforcement
- Supervisory Directives, Guidelines and Policy Papers
- List of Financial Institutions Under Supervision of the Bank
- AML/CFT supervision of designated non-financial service providers and other service providers
- Publications and Presentations
- Reporting Forms and Questionnaires
- Registration
- AML/CFT State Ordinance
- Insurance Companies
- Captive Insurance Companies
- Credit Institutions
- Pension Funds
- Warnings
- Legislation and Regulation
- Working at the CBA
- i-pago
Captive Insurance Companies
On July 1, 2001 the State Ordinance on the Supervision of the Insurance Business (SOSIB in Dutch) (AB 2000 no. 82) was enacted. This ordinance provides the CBA with a solid legal framework to supervise life and general insurance companies, both onshore and offshore. On May 28, 2002 the State Decree Captive Insurance Companies (AB 2002 no. 50 in Dutch), was enacted.
Captive insurers or reinsurers operating as an insurer in or from Aruba need to obtain a license from the CBA to conduct their activities. Reference is made to the CBA’s admission policy for Captive Insurance Companies in Aruba. Licensed captive insurers or reinsurers have to comply continuously with the CBA’s supervisory directives and guidelines for captive insurance companies.