PHILIPSBURG, Sint Maarten – Minister of Finance Hiro Shigemoto left the island on Wednesday to attend a number of meetings on Curacao.
On Thursday morning the minister will be meeting with the Committee for Financial Supervision CFT with respect to the 2011 budget; Sint Maarten’s candidate for the CFT board; review of the project related to financial management; among other matters.
On the same day, Minister Shigemoto will be attending the launch of the Dutch Caribbean Securities Exchange (DCSX) at the Central Bank of Curacao and Sint Maarten.
The DCSX has as its mission to become an international exchange for listing and trading of domestic and international securities.
The DCSX will provide a time and cost efficient listing for international and regional corporations and investment funds, furnishing an alternative to the Anglo-Saxon regulatory requirements of the regional exchanges in other jurisdictions.
It will further complement the international financial sector and serve as an extension to the menu of services currently offered by the local financial services community.
Minister Shigemoto is tentatively scheduled to meet with Curacao’s Minister of Finance George R.M. Jamaloodin on Friday to discuss matters related to the Central Bank.