Netherlands Antilles
IFCE is incorporated and has its operational facilities
in Curacao, Netherlands Antilles. Curacao is one of the
oldest and most established jurisdictions for international
financial services, serving many of today’s leading
global financial institutions. As one of five Caribbean
islands comprising the Netherlands Antilles, Curacao is
an integral part of the Kingdom of the Netherlands. As
such, Curacao offers a high degree of political and economic
stability, and an efficient and reliable legal system based
upon Dutch law. Curacao’s financial system is overseen
by the Central Bank of the Netherlands Antilles in an environment
respected for its security, confidentiality and stability.
Board of Directors
A Board of Directors who is elected by the shareholders
governs IFCE. A nominating committee recommends candidates
for board membership to the shareholders. One third of
the directors are elected every two years, and at least
two directors represent participant member firms. Additional
directors include leading international financial professionals
able to provide policy direction to the management.
Regulation and Compliance
A Legal and Compliance Officer oversee IFCE regulatory
and compliance matters. Disciplinary actions are imposed
where necessary in accordance with IFCE’s self-regulatory
authority. IFCE will observe a strict “Know Your
Customer” policy (KYC) to safeguard the integrity
of the marketplace and its clientele.
Correspondent Firms
IFCE correspondent firm platform is open to firms that
are licensed or registered in their local jurisdiction
with the appropriate authorities or are subsidiaries of
such firms. Applicants must demonstrate that they are in
good standing with home country regulators and agree to
make certain records and information available to IFCE
upon request.
Those correspondent firms who participate
in the IFCE Securities Trading System (STS), an exchange-trading
platform, must
also register as IFCE Trading Members, for which there
is an annual fee. Transactional fees are imposed on the
basis of products and services provided.
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