Vol. 1, No. 1 | June 2025

External Newsletter

FSC IN ACTION

A Message from the Director General

As we launch the inaugural edition of FSC in Action, I am pleased to welcome you this new quarterly publication designed to keep you informed, engaged, and connected to the work of the Financial Services Commission.

Integrity, accountability, and adaptability remain the core values that shape everything we do at the Commission. This newsletter is a reflection of that commitment—offering timely insights into regulatory developments, industry trends, and the initiatives shaping the future of Belize’s financial sector.

As we celebrate 25 years of service, we do so with pride in how far we have come and with purpose in the journey ahead. I invite you to stay connected with us as we continue to advance a dynamic, transparent, and resilient financial system for all.

Warm regards,

Claude B.F. Haylock

Director General, Deputy Chairman

INDUSTRY UPDATES

Strategic Plan 2025-2027

The Financial Services Commission (the “FSC”) officially launched its Strategic Plan 2025-2027. The strategic plan is guided by four strategic priority areas:

Stakeholder Cooperation
Financial Safety and Stability
Technology Optimization
Governance and Management

Licensing & Authorisations Update

Application Form for Approval of a Body Corporate to Provide Compliance Function Services or Appointment of a Compliance Officer under the FSCA.

This form is issued under the Financial Services Commission (Compliance Function) Regulations, 2024, and is intended for use by applicants seeking to:

Obtain approval as a body corporate to provide compliance function services, OR
Appoint an individual as a Compliance Officer for a licensee.

Access the form here

REGULATORY UPDATES

The following Acts have recently been amended:

• Belize Companies (Amendment) Act, 2025

Short title.
Insertion of new section 222A.
Repeal and replace of section 223.

The below Orders were gazetted on March 1, 2025:

• NPO (Accounting Requirements for Specified Classes) Order, 2025

• NPO (Record Keeping Threshold) Order, 2025

PRESS RELEASES & NEWS

Belize Emerges as Global Leader in Anti-Money Laundering and Countering-Terrorism Efforts

The Caribbean Financial Action Task Force (CFATF) has officially published Belize’s 4th Round Mutual Evaluation Report, showcasing the country’s significant progress in combating money laundering, terrorism financing, and the proliferation of weapons of mass destruction. The FSC joined the Government of Belize in celebrating this incredible milestone for the country.

Press Release is courtesy of the Government of Belize Press Office

Belize receives prestigious 2025 Innovation (Commendation) Award for its Secured Transaction and Collateral Registry (STCR) from the Corporate Registers Forum (CRF).

Belize earned this esteemed award in recognition of its groundbreaking STCR initiative, marking a transformative achievement in the country’s drive toward sustainable economic development and accessing finance modernization. A sincere thank you to all our stakeholders & partners who helped make this a reality.

Group of Supervisors (GOS) Public Advisories

We hereby call your attention to the Group of Supervisors (GOS) most recent advisories on High Risk and Other Monitored Jurisdictions identified by the Financial Action Task Force (FATF)

GOS Advisory 0001-2025

GOS Advisory 0002-2025

When carrying out obligations under the Money Laundering and Terrorism (Prevention) Act, Licensees and Registrants must take action as required by this advisory and should also update AML/CFT policies and procedures as required.

PUBLIC EDUCATION, EVENTS & WEBINARS

The FSC Launches its 2025 Public Education Calendar and Webinar Program

These activities are designed to raise awareness about the securities industry, boost investment literacy, and empower YOU to make better financial decisions.

To schedule a Public Education session for your organization or school, please contact us at Communications@belizefsc.org.bz or call (501) 822.3800.

Please note that some sessions are public; others will be closed and tailored to specific groups. Stay tuned—registration details will be shared accordingly.

PAST WEBINAR

Bridging Gaps in Credit Access with the Movable Property Security Rights Framework

The FSC hosted a free webinar to explore innovative ways to enhance credit access using the Movable Property Security Rights Framework and the Security Transaction and Collateral Registry.

UPCOMING EVENT

Save the Date:

FSC's 1st Open Day on Friday, August 8, 2025.

Stay tuned for more updates.

Investor Centre Highlight

Investor Centre - A dedicated space with resources, tips and alerts and updates to ensure you remain an informed investor.

NEWEST FEATURE: International Securities & Commodities Alerts Network

(I-SCAN Alerts)

The I-SCAN platform is a new global warning system launched by the International Organization of Securities Commissions (IOSCO) where any investor, online service provider, bank or institution can check if a suspicious activity has been flagged for a particular company by financial regulators worldwide.