PHILIPSBURG:— The Sint Maarten Insurance Brokers Association is calling on the 15 newly elected members of parliament to go to work soonest and focus on some key issues relating to the financial sector.
Besides our own experiences, we have been hearing daily from our clients; both private and corporate about the predatory and sometimes even abusive conduct of some commercial banks.
While this sector is overregulated for all the right reasons, the poor interpretation and/or application of some treaties and regulations results in a significant slowing of the economy on many fronts.
The slowing productivity in commercial
To read more: http://www.smn-news.com/st-maarten-st-martin-news/33735-bank-fees-should-be-justified-and-approved-by-parliament.html
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