The Central Bank of Curaçao and Sint Maarten, together with Nyenrode Business University, has presented its Financial Sector Strategic Review (FSSR) report, setting out a strategic assessment of risks and opportunities for the monetary union’s financial sector and outlining options to strengthen its resilience, adaptability and sustainability. The review draws on data analysis, stakeholder interviews and benchmarking against other jurisdictions, and frames the sector’s strategic choices against challenges including digitalization, cybersecurity, artificial intelligence, evolving regulation and internationalization. It proposes four strategic pathways for Curaçao and Sint Maarten: Business as Usual (stability and incremental improvement), Digital Financial Infrastructure (cost efficiency and technological resilience), Green Finance and ESG Leadership (sustainability and climate-focused investment), and Regional Wealth and Pension Innovation (long-term financial security and niche growth). Symposium discussions involving public and private stakeholders indicated a preference for hybrid approaches that retain elements of the stability-focused pathway while adding digital or green initiatives.
Central Bank of Sint Maarten & Curacao 2025-10-31
Central Bank of Curaçao and Sint Maarten and Nyenrode publish Financial Sector Strategic Review outlining four pathways for a future-ready financial sector
The Central Bank of Curaçao and Sint Maarten, with Nyenrode Business University, released its Financial Sector Strategic Review report, assessing risks and opportunities for the monetary union's financial sector. It outlines four strategic pathways: Business as Usual, Digital Financial Infrastructure, Green Finance and ESG Leadership, and Regional Wealth and Pension Innovation. Stakeholders preferred hybrid approaches combining stability with digital or green initiatives.