Regulatory Alerts2021-11-30
International Banking Act of Belize, Revised Edition 2020
The Central Bank of Belize issues this Revised Edition 2020 of the International Banking Act to consolidate substantive laws and amendments from 2012 and 2017. The legislation establishes a licensing framework requiring entities to obtain authorization before conducting international banking business, defining eligible companies and application procedures. It further regulates license types, capital requirements, prohibited activities, and enforcement powers including license revocation and penalties for non-compliance.
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