Anti-Money Laundering Supervisory Authorities formalize their collaboration.

The CBCS, GCB, and FIU are the supervisory authorities responsible for ensuring that service providers comply with the stipulations of the National Ordinance Reporting of Unusual Transactions and the National Ordinance Identification of Clients when Rendering Services. Together, they underscore the importance of compliance with relevant international standards established by the Financial Action Task Force (FATF). Mutual co-operation, consultation, and information-sharing between the Authorities will contribute to the effective carrying out of their supervisory and financial intelligence functions and, in the end, contribute to the integrity of the financial system in Curaçao.

The Authorities have agreed to formalize the existing relationship and base their cooperation in the fields of AML/CFT/CFP supervision and financial intelligence functions on the principles and procedures outlined in the MMoU. The MMoU provides a framework for increased cooperation between the Authorities based on mutual trust and understanding.