• Search

PB2021-026 Consultation new Corporate Governance Code financial sector

View the complete publication in PDF: (Dutch) (English) (Papiamentu

Consultation new Corporate Governance Code financial sector

Willemstad/Philipsburg - The Centrale Bank van Curaçao en Sint Maarten (CBCS) drafted a new corporate governance code (Code) for the financial sector. The objective of this Code is to clarify the roles and responsibilities of directors, supervisory directors, and (beneficial) shareholders. Furthermore, the Code provides further guidance in respect to the requirements for business households of financial sector institutions in line with the institutions’ nature, scope, and risk profile. Finally, the Code encourages corporate social responsibility and an ethical business culture.

Last updated: 03.11.2021 12:11