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The legal, financial and regulatory systems in
Curaçao are based on Dutch civil law system, with some English
common law influence.
Curaçao is a constituent island of the Netherlands Antilles
; the others being Bonaire, Saba, St Eustatius and St Marten. The
Netherlands Antilles, Aruba and The Netherlands each have equal status
within the Kingdom of the Netherlands, as regions autonomous in internal
affairs. The Dutch monarch is locally represented by a Governor, while
the Netherlands Antilles are represented in the Government of the
Kingdom by a Minister Plenipotentiary. Foreign policy and defense
matters are decided by a Council of Ministers of the Kingdom, including
the Plenipotentiary, and executed under the authority of the Governor.
The internal affairs of the islands are administered by the Central
Government of the Netherlands Antilles, which is based in Willemstad,
Curaçao, and responsible to the Staten, or legislative assembly.
Curaçao may elect by non-compulsory adult suffrage 14 out of
22 members to the Staten. Routine local affairs on each island group
( Bonaire, Curaçao and the Windward Islands ) are managed by
an elected Island Council presided over by a Lieutenant Governor.
The island is proud of its political stability which is based on a
parliamentary democracy and is a part of the Kingdom of The Netherlands
and has a seat on The Netherlands Antilles Government. Curaçao
has close juridical and political ties with The Netherlands. The island
has a politically stable parliamentary democracy with special access
to markets in both the European Union and The United States
Local professional service companies and their employees are among
the best in the entire Caribbean when it comes to education and skills. |