Purpose
Capture PB 2024 nr. 41 as the consolidated Curaçao National Ordinance on the combating of money laundering, the financing of terrorism, and the financing of proliferation. This ordinance is the overarching AML/CFT/CPF statutory framework for Curaçao, implementing FATF Recommendations and integrating virtual asset service providers into the AML/CFT/CPF regime effective May 16, 2024.
Authority
- Publisher: Government of Curaçao, Publicatieblad
- Citation: PB 2024 nr. 41
- Title: Landsverordening bestrijding witwassen, financieren van terrorisme en het financieren van proliferatie
- Effective date: 2024-05-16
- Type: Landsverordening (National Ordinance)
- Language: Dutch
- Official URL: https://www.centralbank.cw/storage/app/media/aml/20240613_41_lv_bestrijding_witwassen_terrorisme_en_proliferatie_1.pdf
- Authority level: Curaçao national ordinance (primary legislation)
- Explanatory memorandum: Memorie van Toelichting (No. 3)
Summary
PB 2024 nr. 41 is the consolidated Curaçao National Ordinance on the combating of money laundering, the financing of terrorism, and the financing of proliferation. It establishes the overarching AML/CFT/CPF statutory framework for Curaçao, implementing FATF Recommendations and integrating virtual asset service providers into the AML/CFT/CPF regime effective May 16, 2024.
This ordinance is the primary consolidated AML/CFT/CPF statute that amended both the Landsverordening melding ongebruikelijke transacties (NORUT/MOT, PB 2017 nr. 99) and the Landsverordening identificatie bij dienstverlening (NOIS/LID, PB 2017 nr. 92). It introduced proliferation-financing concepts, expanded the MOT service perimeter to include VASPs, added sanctions-match reporting obligations, granted FIU transaction-suspension powers, and revised registration, supervision, and enforcement provisions for service providers including VASPs.
The Memorie van Toelichting (No. 3 explanatory memorandum) provides legislative intent and interpretation guidance for the ordinance.
Relevant Provisions
- Consolidated AML/CFT/CPF statutory framework for all service providers including VASPs
- Integration of VASPs into the AML/CFT/CPF regime effective May 16, 2024
- Introduction of proliferation-financing (CPF) concepts and obligations
- Sanctions-match reporting obligations for service providers
- FIU transaction-suspension powers
- Revised registration, supervision, and enforcement provisions for service providers
- Explanatory memorandum (Memorie van Toelichting) provides legislative intent and interpretation guidance
Currentness and VASP Applicability
This ordinance is the consolidating statute for Curaçao’s AML/CFT/CPF framework. It amended both the MOT ordinance (PB 2017 nr. 99) and the LID ordinance (PB 2017 nr. 92), expanding their service perimeters to include VASPs. The VASP-specific ordinance (PB 2025 nr. 18, tracked as SRC-VASP-001 Landsverordening toezicht virtuele activa dienstverleners) further refined the VASP definitions.
This source must be read together with:
- SRC-MOT-001 Landsverordening melding ongebruikelijke transacties — the MOT ordinance as amended by PB 2024 nr. 41
- SRC-LID-001 Landsverordening identificatie bij dienstverlening — the LID ordinance as amended by PB 2024 nr. 41
- SRC-VASP-001 Landsverordening toezicht virtuele activa dienstverleners — the VASP-specific ordinance
The ordinance’s requirement themes are already decomposed via the MOT and LID requirement sets (REQ-MOT-001 through REQ-MOT-010, REQ-LID-001 through REQ-LID-010). No separate REQ-AML-xxx requirements are extracted because the substance is already captured in these existing requirement sets.
Relationships
- Amending instrument for: SRC-MOT-001 Landsverordening melding ongebruikelijke transacties
- Amending instrument for: SRC-LID-001 Landsverordening identificatie bij dienstverlening
- Related VASP source: SRC-VASP-001 Landsverordening toezicht virtuele activa dienstverleners
- Implementing policy: POL-AML-001 AML CTF CPF Compliance Manual
- Specialized KYC/CDD policy: POL-KYC-001 KYC and CDD Manual
- Risk Management Framework: POL-RMF-001 Risk Management Framework Manual
- Implementing process: PRC-FCI-001 Financial Crime and Integrity
- MOT-derived requirements: REQ-MOT-001 through REQ-MOT-010
- LID-derived requirements: REQ-LID-001 through REQ-LID-010
Assurance
- Official CBCS URL verified: yes
- Ordinance effective date confirmed: 2024-05-16
- VASP integration confirmed: yes
- Proliferation-financing concepts confirmed: yes
- Requirement-level extraction completed: yes — via existing REQ-MOT and REQ-LID sets
- Full article-level extraction completed: no
- Applicability confirmed: applicable to Bitkaya as a VASP from 2024-05-16
History
- 2026-07-29: Created source object for PB 2024 nr. 41 as the consolidated AML/CFT/CPF ordinance (CHG-RES-001). Requirements are already captured via existing REQ-MOT and REQ-LID sets.