Reaction to the first implementation report of 2025 Sint Maarten

On June 18th, 2025, the Board of financial supervision of Curacao and Sint Maarten (Cft) received Sint Maarten’s implementation report (UR) on the first quarter of 2025. This UR would have to be submitted to the Cft six weeks after the first quarter of 2025 at the latest. With this letter you receive the Cft’s reaction to the first UR. In Annex 1 to this letter you will find a further clarification and substantiating figures to the reaction.