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Belize Forex Brokers

 

Belize Regulation

 

  • ’Belize’s banking sector (including offshore banking) is regulated by the Central Bank of Belize, while the non-banking sector falls within the jurisdiction of the International Financial Services Commission (IFSC) established in 1999.
  • IFSC Website: http://www.ifsc.gov.bz/
  • The IFSC’ mandate includes:
    • Promoting and developing Belize as a center for international financial services;
    • Protecting and enhancing the reputation of Belize as an offshore financial center;
    • Providing appropriate supervision and regulation of international financial services,
    • Formulating policies and providing advice and assistance to the government on the regulation of such services;
    • Collecting, storing and disseminating reliable and timely information to interested parties on changes and new trends in these services.
  • IFSC relies on self-regulation, meaning that while the belizean government sets overall standards, it expects much of the actual work in terms of monitoring and compliance to be done by the industry itself.