Regulatory Alerts2014-02-18 | cba-blob-10396Central Bank Ordinance
The Government of Aruba enacted this ordinance to establish the Centrale Bank van Aruba as an independent legal entity responsible for issuing currency and formulating monetary policy. The Bank is mandated to supervise credit institutions, insurers, and other financial entities while managing foreign exchange and acting as the government's banker. The legislation defines the Bank's capital structure, management hierarchy, and financial reporting obligations to ensure stability and accountability.
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