STOCK EXCHANGE REGULATIONS IN THE NETHERLANDS ANTILLES

Curacao is the home of one stock exchange

The Netherlands Antilles Ordinance on the Supervision of Stock Exchanges 1998 (‘Landsverordening Toezicht Effectenbeurzen 1998′) became effective March 1999. As a general rule, this Ordinance applies to stock exchanges that are operated in the Netherlands Antilles only. The Minister of Finance assigned the Netherlands Antilles Central Bank the responsibility to supervise the stock exchanges operating in the Netherlands Antilles.

After consultation with the Central Bank, the Minister of Finance licensed the first (and only) securities exchange admitted to the Netherlands Antillean financial sector: the International Financial Center and Exchange (IFCE) located in Curacao.

IFCE has its own Securities Trading System (STS), which serves as a listing and trading market for Brazilian Fixed Income, mutual funds and other instruments. IFCE also offers execution, clearance and settlement of securities and investment products traded in major world markets.

Karel Frielink
Attorney (Lawyer) / Partner

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