SINT MAARTEN (MAHO) - The two-day Caribbean Regional Compliance Association (CRCA) conference which is hosted by the BVI and co-hosted by the newly established St. Maarten Association for Governance Risk Management and Compliance Professionals (SXM AGRCP), is geared at enhancing to enhance Governance, Risk Management, and Compliance practices across St. Maarten and the Caribbean.

Prime Minister: Dr. Luc Mercelina said in his Opening Statement that St. Maarten is proud to host such a prestigious event. “Compliance is not static; it is a living evolving thing. Compliance is the backbone of Tourism, Banking and other sectors in our economy which rely on trust,” he said. “We are committed to ensuring that our regulatory procedures are robust, and we will remain proactive, positioning ourselves not as followers, but as leaders in compliance. Remember we are a manifestation of the region’s collective strength.”

Deputy Premier and Minister of the Financial Services of the British Virgin Island, Ms. Lorna Smith also addressed the audience of professionals and industry leaders, but also used the opportunity to commend the St. Maarten for the regrowth and redevelopment of the island following the devastation of Hurricanes Irma and Maria a few years ago.

She pointed out that, “What the hurricanes showed us with complete clarity, is that given the climate threat hat we will continue to face, without a resilient financial sector our nation will not be able to bounce back or survive.”

Mrs. Smith also stressed the importance of investing and building resilient economies. “A resilient financial sector is one where regulation is reflected in the very governance of the nation and one where compliance is sufficiently and successfully enforced. A well-regulated regime, is a resilient regime.”

Marinka Gumbs, Minister of Finance, was also one of the opening speakers at the event and she commended the attendees for dispelling false assumptions that the Caribbean governments do not work together. “We often hear that we in the Caribbean are not united, but this conference demonstrates and underscores our collaboration and working together,” she said commending the CRCA for this initiative. “As you can see, top Government officials have come together, to participate in a conference being hosted by a non-governmental organization. We know and understand that no individual country can tackle this problem alone and we must continue to work together to combat these crimes that threatens our financial sector.”

Mr. Wayde Watson, the Minister of Finance, reiterated her remarks. “I am happy to see that we have come together in this setting to have discussions and to handle our shared concerns, compare our shared rules on this topic. The Bahamas is proud to be compliant and we are not selfish, so we are willing to share ideas on this matter. We are happy to be compliant, we are happy to not be blacklisted, but for how long? The goal post keeps shifting and we want to continue to remain ahead of the issue, ahead of the goalpost and we must continue to speak with one voice.”

President of the SXM AGRCP, Kyria Ali said she is extremely happy and proud that their organization was able to assist in facilitating such a prestigious event. In a lively panel discussion, which Kyria moderated, Caroline van Hees President of the SXM Bar Association and Stacy Ann Goodridge gave insight into the differences and similarities between Corporate Governance in the Dutch system versus the English Caribbean structure. This was followed by several other speakers from various industries within the compliance sector.

The conference continues today and will feature high profile players and gatekeepers in Law Enforcement, various government and non-governmental sectors, who play a role in fighting the war against financial crimes and ensuring compliance is adhered to.

SINT MAARTEN (GREAT BAY) - On Monday, October 7, 2024, the Social Economic Council (SER) of Sint Maarten officially handed over its 2023 Annual Report to the Honorable Prime Minister, Dr. Luc Mercelina, during a meeting at the Government Administration Building. SER Chairman Harlec Doran and SER Secretary General Gerard Richardson were present at the event, highlighting the importance of SER’s advisory role in guiding the nation's policy development.

As the advisory body responsible for providing both solicited and unsolicited recommendations on vital social and economic issues, SER’s 2023 Annual Report offers key insights into the nation’s most pressing challenges and opportunities.

Prime Minister Dr. Luc Mercelina commended SER’s dedication to shaping policy that directly impacts the future of Sint Maarten, stressing the importance of their independent and balanced advice.

"The Social Economic Council is a cornerstone of Sint Maarten's governance, delivering expert guidance that is critical to driving our national agenda forward," stated Prime Minister Mercelina. "This 2023 Annual Report not only highlights their tireless commitment to addressing our social and economic challenges but also offers a roadmap for achieving a sustainable and inclusive future for all Sint Maarteners."

Prime Minister Dr. Luc Mercelina reinforced his government’s commitment to working closely with the SER to bring these recommendations to life.

"SER’s advice is indispensable in helping us craft policies that are not only practical but rooted in the realities of our people. This collaboration will continue to shape our path forward, building a stronger, more resilient Sint Maarten," the Prime Minister affirmed.

The 2023 SER Annual Report is available for public viewing and will serve as a crucial document for guiding policy discussions and decisions in the coming year.

“The 2023 Annual Report can be downloaded from the SER website www.sersxm.org”

SINT MAARTEN (GREAT BAY) - On Thursday, October 3, 2024, the new State Secretary for Kingdom Relations, Zsolt Szabó, paid a courtesy visit to the Parliament of Sint Maarten to meet with the Hon. President of Parliament, Sarah A. Wescot-Williams and the Faction Leaders in Parliament.

During the visit, the State Secretary briefly discussed issues with the President and Faction Leaders, such as the relationship within the Kingdom, economic sustainability, education, and the democratic deficit.

The State Secretary also mentioned his three priority areas for the Kingdom's countries: good governance, financial management, and self-sustainability.

Faction leaders meeting with Dutch State Secretary Szabo.

SINT MAARTEN (GREAT BAY) - On the occasion of the International Day of Older Persons, Minister of Public Health, Social Development and Labor (Ministry VSA) Ms. Veronica Jansen-Webster met with board members of the Sint Maarten Seniors and Pensioners Association (SMSPA) to discuss critical issues impacting the well-being of seniors in Sint Maarten.

The VSA Minister was accompanied by senior policy advisor Mr. Herbert Martina. While the SMSPA delegation included Patricia Flanders (President), Raymond Jessurun (Vice-President), Frances Rovelet (Secretary of Organization), and Veronica Arndell (Secretary for contact with members in nursing homes and senior citizens centers).

During the meeting, Drs. Raymond Jessurun presented a detailed report titled “Aging with Dignity and Rights,” highlighting the most pressing concerns of the elderly in Sint Maarten and the broader Latin American and Caribbean region. Mr. Jessurun, who also serves as Ambassador to International Organizations on behalf of civil society organizations in the region, stressed the need for greater attention to the dignity, rights, and well-being of seniors.

The SMSPA delegation emphasized several key issues faced by the senior population:

- Old Age Pension Disparities: The board expressed their concerns about the significant disparities in old age pensions within the Kingdom of the Netherlands. Despite the high cost of living in Sint Maarten, seniors receive the lowest pension in the Kingdom. This issue, which has been raised with the Dutch Ministry of Internal Affairs since 2000, remains unresolved, even after similar complaints from the special municipalities of Bonaire, Statia, and Saba.

- Healthcare Access: While the Sint Maarten Medical Center and SZV promote "delivering patient-centered care close to home, SMSPA is of the opinion" seniors face difficulties building lasting relationships with specialists due to frequent staff rotations. This creates challenges for seniors seeking consistent and trustworthy care.

- SMSPA spoke of discriminatory Pension Deductions: Retired government employees with FZOG and seniors using the ZV-62+ plan are required to contribute 10% of their pension or income, compared to the 4.2% contribution from active employees. The SMSPA highlighted the long-standing inequity of this policy, dating back to the Netherlands Antilles, and called for it to be addressed, as it has been in Aruba and Curaçao.

- Barriers to Service: The forced reliance on online services has created a significant challenge for seniors, who are often asked to seek help from family members or senior organizations to access these services. The association pointed out that this practice violates the seniors' right to access services through their preferred medium and raises concerns about privacy.

- Housing Struggles Post-Hurricane Irma: Many seniors are still grappling with inadequate housing since Hurricane Irma. Financial constraints have prevented them from rebuilding stronger homes, and some repairs have been left incomplete, leaving homes with leaks and other issues that negatively impact seniors' emotional and physical well-being.

The board members urged the Ministry of VSA to maintain an open dialogue with the association and explore meaningful solutions that allow seniors to retire with dignity, enjoy decent pension incomes, and access necessary services without undue hardship.

The meeting concluded with Minister Jansen-Webster reaffirming her commitment to addressing the concerns raised by the SMSPA. She emphasized her dedication to ensuring the well-being of seniors and stated that she will facilitate a follow-up meeting with the SMSPA, where they will delve deeper into the issues discussed.

During this follow-up session, plausible solutions will be explored and prepared for presentation to the government, as part of a continued effort to improve the quality of life for Sint Maarten’s senior citizens. Minister Jansen-Webster pledged her support for improving the conditions for seniors even when assuming her new role in Parliament.

Group photo.