Title
National Ordinance
containing rules concerning
clearing and settlement
systems in the monetary
union of Curaçao and Sint
Maarten (National
Ordinance on the
Supervision of Operators of
FMI Systems)
(Parliamentary Year 2025–
2026–190)
Description
This draft seeks to fix
the CPMI–IOSCO
“Principles for
Financial Market
Infrastructures”,
insofar as they relate
to clearing and
settlement, in the
legislation of Curaçao
and Sint Maarten
and to and to ensure
that global operating
system, operators
and banks remain
subject to legal
supervision over the
managers of FMI
systems by
correspondent
banks.