Regulatory Alerts2022-11-26
Belize Companies (Private Trust Companies) Regulations, 2022
The Financial Services Commission of Belize issued these regulations to establish the licensing, operational standards, and oversight framework for private trust companies. The rules mandate minimum capital requirements, the appointment of a Special Director, and strict record-keeping obligations while exempting registered entities from general trade licensing. Non-compliance triggers administrative fines, potential registration cancellation, and restrictions on soliciting contributions from the public.
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