WILLEMSTAD – Curaçao and Sint Maarten’s financial sector will be subjected to an international stress test in 2027, when the International Monetary Fund conducts a Financial Sector Assessment Program. The review is a central milestone in the CBCS Strategic Plan and will evaluate the stability, resilience and regulatory strength of banks and insurers.
In preparation for the assessment, the CBCS plans to intensify supervision and enforcement. International standards such as Basel II and III for banks and Solvency II for insurers will be fully introduced, while compliance with integrity and risk-management rules will be more strictly enforced.
The central bank views the IMF assessment as a critical benchmark for the reputation of the financial sector. Any vulnerabilities identified during the review are expected to result in follow-up measures aimed at safeguarding financial stability and strengthening public trust in the system.