Purpose
Capture the Curaçao client-identification and customer-due-diligence ordinance as an authoritative source for Bitkaya’s AML/CTF client acceptance, ongoing monitoring, enhanced due diligence, governance, recordkeeping, confidentiality and supervisory-cooperation obligations.
Authority
- Publisher: Government of Curaçao, Publicatieblad
- Consolidated text: P.B. 2017, no. 92 (GT)
- Consolidation instrument date: 2017-10-02
- Issue date: 2017-11-22
- Underlying ordinance citation: P.B. 2010, no. 40
- Language: Dutch
- Pages: 28
- Official URL: https://gobiernu.cw/wp-content/uploads/2019/07/P.B._2017__no._92.pdf
- Approved artifact: P.B. 2017 no. 92 Landsverordening identificatie bij dienstverlening.pdf
Currentness and VASP Applicability
The supplied PDF is a 2017 consolidated text and does not include later amendments. Article 131 of the 2025 Landsverordening toezicht virtuele activa dienstverleners amends Article 1(1)(b)(29) so that a virtual asset service provider under that ordinance falls within the LID service perimeter. It also amends Article 2e for registered VASPs. That amendment took effect on 2025-07-01.
This source must therefore be read together with SRC-VASP-001 Landsverordening toezicht virtuele activa dienstverleners and SRC-AML-001 PB 2024 nr 41 AML CFT CFP Consolidation Ordinance, which is the consolidating AML/CFT/CPF statute that amended the LID ordinance. The 2017 PDF is retained as the official baseline supplied to BCMS, while later amendments control where they differ.
Subordinate Regulations Under NOIS/LID
The following subordinate regulations apply under the LID framework:
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PB 2026 nr. 35 — Regeling aanwijzing bedragen, landen, staten en documenten dienstverleners (March 2026): designates the specific monetary thresholds for CDD, high-risk countries/states, and required identification documents for service providers under NOIS/LID. This is the current reference for CDD thresholds, high-risk jurisdiction lists, and document requirements applicable to VASPs. URL: https://centralbank.cw/storage/app/media/Legislation_intergrity_financial_sector/AML/20260309_35_regeling_aanwijzing_bedragen_landen_staten_en_documenten_dienstverleners.pdf
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PB 2023 nr. 6 — Landsbesluit dwangsommen en bestuurlijke boetes dienstverleners 2022: sets administrative fines and penalty amounts (up to NAF 500,000) for violations of NOIS/LID identification requirements by service providers. This decree is the penalty framework for NOIS/LID violations and is referenced by the CBCS Policy Rule on AML/CFT/CPF Violations (SRC-ENF-001 Policy Rule on AML CFT CFP Violations October 2023). URL: https://www.centralbank.cw/storage/app/media/ifs/20230126_lb_dwangsom_en_bestuurlboetess_dienstverleners_2022.pdf
Relevant Provisions
| Articles | Requirement theme |
|---|---|
| 1 and VASP Ordinance 131 | Service-provider definitions, VASP perimeter and applicability |
| 2-2b | Risk-based CDD, timing, prohibition on service and termination when CDD fails |
| 2c and 2e | Reliance on intermediaries or third parties and limited simplified treatment |
| 2d | FIU reporting where failed CDD or termination also creates ML/TF suspicion |
| 3-5 | Identification and verification of clients, UBOs, representatives and third parties |
| 5a-5e and 5i | PEPs, correspondent relationships, new technology, non-face-to-face business and high-risk jurisdictions |
| 5f-5h | AML programs, employee screening, training, audit, independent compliance and foreign operations |
| 6-7 | Accessible CDD and transaction records, reconstruction and retention |
| 8 | Confidentiality and permitted use or disclosure |
| 9-10a | Administrative and criminal enforcement consequences |
| 11 | Supervisory directions, information access and mandatory cooperation |
Relationships
- Amending 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
- Implementing process: PRC-FCI-001 Financial Crime and Integrity
- Specialized KYC/CDD process: PRC-FCI-001 Financial Crime and Integrity
- Derived requirements: REQ-LID-001 through REQ-LID-010
Assurance
- Official government PDF verified: yes
- Local PDF visually inspected: yes
- Article structure extracted: yes
- VASP amendment verified against official 2025 ordinance: yes
- Requirement extraction completed: yes
- Current consolidated post-2025 text obtained: no
- Applicability conclusion: applicable to Bitkaya from 2025-07-01, subject to later amendments and CBCS implementing rules
History
- 2026-07-26: Registered P.B. 2017, no. 92 (GT), recorded the 2025 VASP amendment overlay and extracted ten requirement themes.
- 2026-07-26: Linked the approved KYC & CDD policy and its specialized implementation objects.
- 2026-07-29: Added cross-reference to SRC-AML-001 (consolidating AML/CFT/CPF ordinance) and subordinate regulation references PB 2026 nr. 35 (CDD thresholds/countries/documents) and PB 2023 nr. 6 (penalty framework) (CHG-RES-001, CHG-RES-005).