Reaction to the second implementation report of 2025 Sint Maarten

On October 7th, 2025, the Board of financial supervision of Curacao and Sint Maarten (Cft) received Sint Maarten’s implementation report (UR) on the second quarter of 2025. This UR would have to be submitted to the Cft six weeks after the second quarter of 2025 at the latest. With this letter you receive the Cft’s reaction to the second UR. In Annex 1 to this letter you will find a further clarification and substantiating figures to the reaction.