Island Financial

Island Financial (1552)

PHILIPSBURG, St. Maarten - On August 4, law firm VanEps Kunneman VanDoorne organized a seminar for its clients about structured finance; the collective term for special ways to finance companies.

KINGSTON, Jamaica – Caribbean countries with weak regulatory systems that could facilitate financial crimes need to act fast to strengthen their safeguards, said Prime Minster Andrew Holness. Failure to do so, he noted, could worsen the issue of international banks ending relationships with regional institutions.

BRIDGETOWN, Barbados – Barbados Opposition Leader Mia Mottley Wednesday dismissed this year’s Budgetary Proposals as a “piecemeal patchwork, join up join up set of initiatives” that caters to the interests of the ruling Democratic Labour Party’s (DLP) rather than that of country’s survival and stability.

PHILIPSBURG, St. Maarten: The Electoral Council would like to remind all candidates for the upcoming parliamentary elections on September 26, 2016, that, in accordance with the National Ordinance on Registration and Finances of Political Parties, they are required to record all donations received, be it in cash, by check or in kind (service or material).

MIAMI, Florida - The President of the Caribbean Hotel and Tourism Association (CHTA), Karolin Troubetzkoy sees the upcoming Caribbean Hospitality Industry Exchange Forum (CHIEF) as an opportunity for hotels and tourism-related businesses to take stock and to "open our eyes to the bigger picture, which is so important if we want to succeed not only as individual businesses and destinations, but also as a region."

PHILIPSBURG, St. Maarten - The Criminal Investigation Cooperation Team (RST) arrested a 36-year-old woman in Curacao on Monday morning in connection with the ongoing investigation linked to the former Minister of Finance, George Jamaloodin who is suspected of forgery and misappropriation of a portion of subsidy provided by the Ministry of Finance in 2012.

PHILIPSBURG, St. Maarten - The situation regarding the president of the Central Bank of Curacao and St. Maarten, Drs. Emsley Tromp, who is currently under investigation for his alleged involvement with fraud will be one of the topics to be discussed during a meeting between the Finance Ministers of Curacao and St. Maarten this week.

ST. MAARTEN CIBC FirstCaribbean opened the doors of its new ultramodern Finance Center in Cole Bay on Tuesday, with a senior executive pledging a continued commitment to its clients and St. Maarten.

PORT ST. MAARTEN – On Tuesday, senior bank officials from CIBC First Caribbean International Bank met with Port St. Maarten Management.  They were also given a tour of the Dr. A. C. Wathey Cruise & Cargo Facility.

PHILIPSBURG, St. Maarten - The Central Bank of St. Maarten and Curacao Monday released the annual report for 2015.
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