Bankers Assoc. in Parliament today

PHILIPSBURG–Members of Parliament will have a hearing with St. Maarten Bankers Association in a meeting of the Central Committee today, Thursday, at 10:00am.

The discussions will focus on the draft national ordinance amending the national ordinance supervision of banking and credit; the national ordinance monitoring insurance business; the national ordinance monitoring stock exchanges; the national ordinance supervision of investment institutions and administrators; the national ordinance monitoring trust; and the national ordinance insurance broking business (national ordinance monitoring, updating and harmonising Central Bank of Curaçao and St. Maarten).

Also to be discussed is the draft national ordinance regulating rules for the supervision of money transaction offices (National Ordinance Monitoring Money Transaction Offices).

Representatives of the St. Maarten Bankers Association will be present at the meeting. The public can follow the session in person at the House of Parliament located across from the Court House in Philipsburg. The session will also be carried live on St. Maarten Cable TV Channel 120, 98.1 Pearl FM, and .

Source: The Daily Herald