STREAMLINING YOUR BUSINESS OPERATIONS WITH TAILORED ADMINISTRATIVE SUPPORT Running a business comes with countless responsibilities, many of which fall into administrative tasks. While these tasks are essential for keeping things organized and on track, they can also be time... Administration Entrepreneurship
THE FYRE FESTIVAL: THE FIRE THAT FUELED STREAMING’S SCAM OBSESSION In 2017, the Fyre Festival touted as a luxurious music event in the Bahamas with top artists, gourmet food, and upscale accommodations, descended into chaos. Attendees found themselves stranded, livin... Compliance
DECEPTIVE CHARADES: HOW LOU PEARLMAN MISLED HIS LAWYERS AND CONCEALED HIS FRAUDULENT BUSINESS EMPIRE Pearlman launched a Ponzi scheme and for twenty years would convince banks and individuals to invest in fictitious companies. Lou Pearlman’s ability to deceive extended beyond his investors and into h... Compliance
THE FIGHT CONTINUES WITH THE CURIOUS CASE OF SUNTOURS Fraud Week, officially known as International Fraud Awareness Week, is an annual event dedicated to raising awareness about fraud and promoting anti-fraud practices. Organized by the Association of Ce... Compliance
PROJECT AGORÁ: ENHANCING CORRESPONDENT BANKING EFFICIENCY Project Agorá, led by the Bank for International Settlements (BIS), aims to modernize cross-border payments by creating a multi-currency unified ledger. Launched in 2023, Project Agorá brings together... Finance
COMPANY CLASSIFICATION IN FOREIGN EXCHANGE CONTEXT: LOCAL VS. OFFSHORE Determining whether a company is classified as local or international (offshore) is a common challenge for many business owners in Curaçao and Sint Maarten. This distinction can often be confusing due... Compliance Finance
REVISED FOREIGN EXCHANGE REGULATION CURAÇAO AND SINT MAARTEN The Central Bank of Curaçao and Sint Maarten (CBCS) will implement a revised foreign exchange regulation on October 1, 2024, designed to reduce the administrative burden of the licensing process and s... Compliance Finance
REFLECTING ON THE JOURNEY SO FAR: LESSONS LEARNED I am grateful to all the supporters of ARIDAN who have backed this sole-ownership venture and given it a chance. Surprisingly, many who have walked the talk come from other industries and some don’t e... Entrepreneurship
FUEGO ESPORTS CROWNED REGIONAL CHAMPIONS OF LVP LAN: A DEEP DIVE INTO ESPORTS AND FUEGO’S JOURNEY On July 27th, 2024, Fuego Esports was crowned as the regional champions of the Liga Regional Norte in League of Legends, held in Mexico City. This significant victory marks a milestone for Fuego Espor... Entrepreneurship
REVOLUTIONIZING AIRPORT SECURITY: THE CURAÇAO EXPRESS PASS In a groundbreaking advancement for the aviation industry and traveler experience, Curaçao has introduced the first fully operational, traveler-enabled contactless border crossing at Curaçao Internati... Business Operations
FOREIGN EXCHANGE LICENSE VS. FOREIGN EXCHANGE EXEMPTION – WHAT’S THE DIFFERENCE? “Foreign exchange license” and “foreign exchange exemption” are distinct regulatory concepts related to the operation of foreign exchange businesses. Both play a vital role in maintaining a robust and... Compliance Finance
UNDERSTANDING THE LANDSCAPE OF CURAÇAO’S FOREIGN EXCHANGE POLICIES Foreign exchange regulation in Curaçao is governed by a series of intricate legal frameworks designed to maintain economic stability and foster growth. The regulations established by the Centrale Bank... Compliance Finance