Regulatory Alerts2018-09-28 | cba-blob-9408Enforcement policy supervision Centrale Bank of Aruba
The Centrale Bank of Aruba issues this policy to standardize the assessment and imposition of enforcement measures for violations of supervisory state ordinances. The document outlines starting points prioritizing norm-compliant behavior and details specific instruments such as administrative fines, directions, and license revocations. It further establishes procedures for holding de facto controllers liable and defines the legal protection rights available to parties subject to enforcement decisions.
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