WILLEMSTAD – The Central Bank of Curaçao and Sint Maarten (CBCS) says it will continue strengthening its financial stability framework through enhanced stress testing, improved data collection, and targeted policy measures aimed at protecting the financial system of Curaçao and Sint Maarten.
The announcement follows publication of the CBCS’s expanded stress testing framework for banks, pension funds, and insurers.
According to the central bank, the expanded framework not only tests individual financial institutions, but also analyzes how risks can spread between different sectors of the financial system during periods of stress.
The CBCS stated that while the overall financial system remains broadly resilient, ongoing monitoring and forward-looking assessments are becoming increasingly important because of global economic uncertainty and interconnected financial risks.
The framework forms part of the CBCS’s broader macroprudential oversight strategy and follows IMF recommendations encouraging greater transparency and stronger financial risk supervision.
The central bank also announced that the stress testing models and their development are now publicly presented in the 2026 Financial Stability Report in line with IMF transparency recommendations.
Authorities say the strengthened framework is intended to help Curaçao and Sint Maarten better prepare for future shocks ranging from economic crises and market instability to climate-related events and disruptions in global tourism flows.