WILLEMSTAD:--- The supervisory authorities of Curaçao — the Centrale Bank van Curaçao and Sint Maarten (CBCS), the Financial Intelligence Unit (FIU), and the Curaçao Gaming Authority (CGA) — which oversee the financial, non-financial, casino, and online gaming sectors, jointly organized a training session for their staff and respective sector representatives September 29 through October 3, 2025. The objective was to enhance awareness and understanding of Terrorist Financing (TF), Targeted Financial Sanctions (TFS), and Proliferation Financing (PF).
As part of the outreach to the regulated sectors, entities operating in and from Curaçao gained valuable insights into the mechanisms through which terrorism is being financed, how to identify and assess related risks, and how to implement these into their business risk assessment models. Participants also explored how TF, TFS, and PF risks emerging from Curaçao relate to international standards. Case studies from different jurisdictions were presented and discussed to strengthen participants’ knowledge in risk-based analysis, monitoring, and reporting.
Enhanced Collaboration and Key Outcomes
Some key takeaways from the session included strengthening practical skills and expertise among the supervisory authorities, which, in turn, fostered closer collaboration as a tangible outcome of their Memorandum of Understanding (MoU). Participants also enhanced their ability to demonstrate effectiveness in combating terrorist financing, in line with the recent revisions to the AML/CFT/CFP legal framework.
The training contributed to measurable progress in addressing the recommendations outlined in the Mutual Evaluation Report (MER). These efforts include expanding training opportunities, conducting thematic reviews, and increasing awareness of terrorist financing risks, to report tangible progress to the CFATF in February 2026. In addition, key insights gained during the sessions will be applied to strengthen the ongoing National Risk Assessment (NRA).
The outreach also enabled entities to understand better how to submit reports based on subjective indicators. It provided more explicit guidance and raised awareness on TF, TFS, and PF risks across small, medium, and large firms. The supervisory authorities reaffirmed their ongoing commitment to supporting the sectors in identifying, understanding, and, where necessary, reporting any suspicious or high-risk activities they may encounter.
Willemstad, November 21, 2025




Accra, Ghana/PHILIPSBURG;--- President of the Parliament of St. Maarten, Sarah A. Wescot-Williams, in her role as Chair of the 3rd International Conference on Gender Equality (ICGE 2025), delivered a powerful speech in Accra, urging urgent global action to speed up gender equality in a rapidly digitalizing world.
PHILIPSBURG:--- The Windward Islands Bank is enhancing its free replacement process for damaged personal and business debit and credit cards. We recognize that the quality of the recently issued cards unfortunately does not meet the standard our customers expect, and discussions about this are being held with the manufacturer.
PHILIPSBURG:--- Minister Brug today announced an adjustment to the minimum hourly wage, in accordance with Article 13, Subsection 1 of the Landsverordening Minimumlonen (Minimum Wage Ordinance). This update reflects the 0.65% increase in the Consumer Price Index (CPI) for the second quarter of 2025 compared to the same quarter of 2024, as established by the Department of Statistics.
PHILIPSBURG:--- The Ministry of Finance is pleased to report the continued success of Financial Literacy Month, as residents demonstrate strong interest and active participation in the educational sessions offered.





