In an effort to promote the soundness and stability of the financial services sector in the Netherlands Antilles, and to continue to pursue high standards of integrity, the National Ordinance on the Supervision of Trust Services Providers (NOST) was enacted in 2003.

The Bank van de Nederlandse Antillen NV, the Netherlands Antilles central bank, as the supervisory authority, continues to promote a regime that fosters sound supervision of the financial services sector as a whole, and the trust industry in particular.

As developments in the international financial community are constantly shaping the way the trust industry conducts its business, the Bank van de Nederlandse Antillen NV is committed to maintain a regulatory environment that protects clients, but is also responsive to the changing financial environment.

According to the NOST, trust services may only be rendered by trust services providers, operating in or from the Netherlands Antilles, that have been granted a license from the Bank van de Nederlandse Antillen NV, and natural or legal persons that have been granted a dispensation from the central bank.

BK (Antilles) NV has been granted an unconditioned license.

For more information about the licensing procedure, the text of the NOST, and other applicable legislation and regulations, please contact the Bank van de Nederlandse Antillen NV:

t        +599 9 43 45 500

f        +599 9 46 15 004

e        info@centralbank.an

The list of licensed trust services providers is provided at the internet site of the Bank van de Nederlandse Antillen NV: www.centralbank.an.