Emsley Tromp: Opening of the 2011 CFATF assessment Welcome remarks by Dr Emsley Tromp, President of the Central Bank of Curaçao and Sint Maarten, on the occasion of the 2011 CFATF assessment, Willemstad, 22 August 2011. *  *  *  Good morning.
Investment policies control market and credit risk exposure through hedging policies, liquidity and investment ratings requirements, and counterparty credit limits. Perhaps the most significant of these is the restriction on unhedged foreign reserves.