The International Financial Services Commission (IFSC) of Belize is responsible for regulating and supervising the international financial services industry in the jurisdiction. As a statutory body, the IFSC focuses on ensuring that the services offered by entities registered under Belize’s financial regulations comply with international standards for financial practices.
Key Functions and Responsibilities
- Regulatory Supervision: The IFSC oversees the compliance of international financial services providers with Belizean laws and international regulatory standards. This includes monitoring and licensing a wide range of financial activities and entities.
- Consumer Protection: The commission is dedicated to protecting consumers by ensuring that financial services are delivered in a transparent and accountable manner.
- Market Integrity: The IFSC works to uphold the integrity of Belize’s financial sector through effective regulation, aiming to prevent financial crimes such as money laundering and fraud.
