IFSC

Regulations and Institutions of Belize

The Belize International Financial Services Commission (IFSC) is the regulatory body for investment services companies in Belize. IFSC is also an active member of the Caribbean Financial Action Task Force (CFATF) and endorses its core principles and is committed to eliminating money laundering and regional financial stability in the global financial system. We have cooperated with many countries in the regulation of futures market.

Tasks of the International Financial Service Centre

Promoting and developing Belize into an international financial service centre;

Protecting and strengthening Belize's reputation as an offshore financial centre;

Appropriate supervision and supervision of international financial services;

To formulate policies and provide advice and assistance to the government in regulating such services;

Collect, archive and publish reliable and timely information, and follow up on changes and new trends in relevant aspects of these services.

The committee acts in accordance with self-monitoring, that is, although the government sets overall standards, its current work focuses on industry monitoring and compliance and acts independently.

The Commission recently enacted legislation authorizing licensing of all international financial service providers. The licensing process is designed to ensure that only eligible enterprises can obtain permission to start or operate international financial operations from Belize. In addition, the Commission is the law enforcement body for international financial service providers; all service providers ensure compliance with internationally recognized best practices. Belize is an active member of the Caribbean Financial Action Task Force (CFATF) and endorses its core principles to eliminate money laundering and to try to play a stabilizing role throughout the financial system. Belize has made a political commitment to uphold the purposes of the United Nations and firmly combat offshore money laundering.


Regulator Characteristics

IFSC is also an active member of the Caribbean Financial Action Task Force (CFATF) and endorses its core principles to eliminate money laundering and promote regional stability in the global financial system. To cooperate in futures market regulation.

Brief Introduction to Regulatory Institutions

The Belize International Financial Services Commission (IFSC) is the regulatory body for investment services companies in Belize.

Responsibilities of Regulators

IFSC is also an active member of the Caribbean Financial Action Task Force (CFATF) and endorses its core principles to eliminate money laundering and promote regional stability in the global financial system. To cooperate in futures market regulation.