~Conducting financial services without a license is punishable~
PHILIPSBURG:--- In order to avoid further prosecution, the Public Prosecutor of the Public Prosecutor’s Office of Curacao, Sint Maarten and Bonaire, St. Eustatius and Saba (Public Prosecutor’s Office) has offered two former money transaction offices on Sint Maarten, Popular Express and Money Express, a settlement proposal. Money transaction offices are also referred to as money remitters.
These companies conducted – independently of each other – financial services without the required license from the Central Bank of Curaçao and Sint Maarten (CBCS). Both companies have accepted the settlement proposal.
Further to a
To read more: http://www.smn-news.com/st-maarten-st-martin-news/35473-public-prosecutor-s-office-reaches-settlement-with-money-remitters-c.html
