Reaction to the fourth implementation report of 2024 Sint Maarten

On May 21st, 2025, the Board of financial supervision of Curacao and Sint Maarten (Cft) received the implementation report (UR) on the fourth quarter of 2024. This is over three months after the statutory deadline for submission of February 11th, 2025. The Cft urges you to pay attention to timely submission of the implementation reports. The UR regarding the first quarter of 2025 already had to be submitted as well. With this letter you receive the Cft’s reaction to the fourth UR of 2024. In Annex 1 to this letter you will find a further clarification and substantiating figures to this reaction.