Regulatory Alerts2013-08-20 | cba-blob-8535Regulation Designating Stock Exchanges under the AML/CFT State Ordinance
The Minister of Finance, Communication, Public Utilities, and Energy of Aruba designates specific international stock exchanges to qualify for simplified client screening under the AML/CFT State Ordinance. The regulation explicitly lists markets operated by NYSE Euronext, Deutsche Börse, the London Stock Exchange, the Toronto Stock Exchange, and the Tokyo Stock Exchange. These designated venues enable financial service providers to apply reduced due diligence requirements when processing publicly traded entities subject to statutory financial reporting.
Share