Caribbean Netherlands: Integrity reassessment is no longer required; however, changes must be reported immediately.

Prior to 23 July, the integrity of (co-)policymakers was subject to a reassessment every three years after an initial positive assessment. The repeal of this requirement ensures that supervision in the Caribbean Netherlands is better aligned with the system that already applies in the European Netherlands. The underlying principle is: once integrity is established, it remains valid, unless facts or circumstances arise that give cause for a reassessment.

The repeal of periodic reassessments does not in any way imply that the integrity requirement is of lesser importance. Integrity continues to be an ongoing regulatory requirement. Financial enterprises and the involved (co-)policymakers remain obliged to report any relevant changes or new facts to us that could affect their integrity without undue delay. If such facts or circumstances arise, we may decide to conduct a new integrity assessment.

For more information

The repeal of the three-yearly reassessment follows from Amendment decree financial market 2026. The Decree reliefs the administrative burden for enterprises and tested persons.
Read more information on when and which changes should be reported and how this can be done.
Do you have questions regarding changes or are you hesitating on which changes you should report on. Please contact us through (Info@afm.nl).