WILLEMSTAD – Online gambling, casinos, and real estate have been identified as some of the most vulnerable sectors for money laundering in Curaçao, according to the latest Caribbean Financial Action Task Force (CFATF) evaluation.
The report notes that Curaçao’s economic structure, combined with cash-intensive activities and limited supervision, creates fertile ground for laundering illicit proceeds. Online gaming providers, in particular, remain underdeveloped from a supervisory standpoint, with risk-based oversight still not fully implemented.
Real estate is another area of concern. Investigators have identified cases in which property transactions were used to disguise the origin of criminal funds, including proceeds linked to drug trafficking and fraud. Trust and company service providers have also been misused to create complex corporate structures that obscure beneficial ownership.
Although Curaçao has introduced new regulations and licensing requirements in recent years, the CFATF concludes that enforcement in high-risk sectors remains uneven and requires urgent strengthening.