Aruba – CM PB

Country Manual Private Banking

Aruba

out of Bank’s Country of Establishment (Def, RS, BT & RT)

Regulatory Template, Regulatory Summary and Behaviour Template

Material changes

Following consultations with our local counsel and in light of their evolving interpretation of the Aruban financial regulations, it is now understood that, consistent with the activities permitted for the Bank on-site, a third party located in Aruba may engage with a prospect and refer that prospect to the Bank, provided such engagement occurs solely in response to the prospect’s own unsolicited approach (i.e., within a reverse solicitation framework). The third party must maintain proper documentation evidencing the prospect’s initiative.

Non-material changes

SoSome comments and content have been slightly reworded (without introducing material changes) to reflect the regulatory situation/current interpretation of the regulatory framework more accurately.interpretation of the regulatory framework more accurately.

BT Short Comparison

This document allows users to quickly identify the modifications made compared to the previous version of the PB Manual (BT Short Comparison). The BT Short Comparison can be found on BRP’s platform (mybrponline) in the Search tab by entering in the Document Field “CM PB BT SHORT COMP” and “ARUBA” in the Target Country Field.

The BT Short Comparison should be read as follows:

The first column contains a short description of the activity in question. The second column contains the answers of the previous version of the Country Manual (online until the day of the alert). The third column contains the new answers of the most recent version of the Country Manual. Only the modified answers are displayed (in color). If the answers in the new version are unchanged compared to the previous version, they are shaded in grey.

For more information, please contact us: info@brpsa.com

Geneva, August 26^th, 2025