Today the Centrale Bank van Aruba (CBA) publishes its FINANCIAL SECTOR SUPERVISION REPORT 2018.
The CBA is the sole supervisory authority of the financial sector in Aruba. In the Financial Sector Supervision Report 2018, a legally mandated report, that has to be submitted to the Minister of Finance before July 1st of each year, the CBA provides an overview of the main activities it carried out and the principal policy decisions taken to implement the supervisory ordinances, including the laws to prevent and combat money laundering and terrorist financing. This report also describes the main actions the CBA took to further strengthen the legislative and regulatory framework. In addition to an outline of the recent developments in the international supervisory landscape, also an analysis is given of the most salient developments in the domestic financial sector.
