Regulatory Alerts2013-11-26 | cba-blob-11551State Decree Stipulation of Equity SOSCS
The Aruban government issued this State Decree to define the calculation of equity for credit institutions under the Supervision of Credit Institutions Ordinance. It establishes a minimum equity requirement of Afl. 5 million and excludes intangible assets from the calculation while allowing the Central Bank to apply valuation corrections. The decree specifies distinct equity definitions for various legal structures, including public limited companies, cooperatives, and foreign branches, effective upon the entry into force of the parent Ordinance.
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