Financial Services Commission of Belize

Financial Services Commission (FSC)
Agency overview

Formed	15 April 2023 (2023-04-15)
Preceding agency	International Financial Services Commission (IFSC)
Headquarters	Belize City, Belize
Agency executives	Joseph Waight, Chairman Claude B. F. Haylock, Chief executive
Key document	Financial Services Commission Act No. 8 of 2023
Website	www.belizefsc.org.bz

The Financial Services Commission (FSC) is the Belize government agency responsible for non-banking financial regulation. It is responsible for regulating all non-banking financial market participants and setting and enforcing of financial regulations. A number of international online forex brokers obtain their international license from FSC.

History

FSC was established in Belize in 2023 as a successor to the International Financial Services Commission (IFSC).^[1] The aim of the Commission is licensing of financial companies, as well as controlling and supervision of all regulated firms to bind all financial services requirements to their activity. FSC is regulated by the Ministry of Finance and the Financial Services Commission Act.^[2] FSC has to follow the Financial Services Practitioners Code of Conduct and Best Practices, which aims to increase its level of services.^[3]

FSC became associate member of the International Organization of Securities Commissions in 2024^[4] and achieved ordinary membership in 2026.^[5]

Responsibilities

The Financial Services Commission of Belize has the following responsibilities:^[6]

To promote Belize as a financial services center, including protecting its reputation as such.
To supervise and regulate non-banking financial services.
To advice Belize government on financial sector policies.
To aggregate and distribute information on changes in regulated services.
To help capital formation and economic growth.
To protect investors from fraudulent activities.
To promote efficient capital markets.
To reduce systemic financial risks.
To improve the public's understanding of the financial system and associated risks.
To facilitate company creation and business registration process.

Regulated entities

Many international foreign exchange brokers with legal registration in the offshore jurisdiction of Belize are regulated and supervised by the Financial Services Commission.^[7]

References

↑ "Global Forum on Transparency and Exchange of Information for Tax Purposes: Belize 2023 (Second Round)" (PDF). OECD. Retrieved 14 July 2026.
↑ "Financial Services Commission (FSC) of Belize". EarnForex. Retrieved 14 July 2026.
↑ "Global Forum on Transparency and Exchange of Information for Tax Purposes: Belize 2026 (Second Round, In-depth Review)" (PDF). OECD. Retrieved 14 July 2026.
↑ "Belize Joins Int'l Organization of Securities Commissions". Belizean. 7 June 2024. Retrieved 14 July 2026.
↑ "Belize Joins Top Global Financial Regulators". Great Belize Media. 13 January 2026. Retrieved 14 July 2026.
↑ "About FSC: We regulate & supervise the financial services sector". FSC of Belize. Retrieved 14 July 2026.
↑ Abdel-Qader, Aziz (8 August 2019). "Belize's IFSC Sounds Alarm Over FX Brokers' False Licenses". Finance Magnates. Retrieved 14 July 2026.

External links

FSC Belize

Consumer protection
Organizations	ANEC Association of Community Organizations for Reform Now BEUC CableHell Center for Auto Safety Chamber for Workers and Employees Choice Citizens Advice Citizens Advice Edinburgh Citizens Advice International Citizens Advice Scotland Citizens Advice outside the United Kingdom Connecticut Citizen Action Group Consumentenbond ConsumerLab.com Consumer Alert Consumer Council of Fiji Consumer Direct Consumer Federation of California Consumer NZ Consumer organization Consumer Rights Commission of Pakistan Consumer Rights Directive 2011 Consumers Council of Canada Consumers' Association Consumers' Federation of Australia Consumers International Consumers' Coalition Consumers' Research Consumers Union CU Japan Consumer Watchdog Consumer Watchdog (Botswana) Konsumentenbund Euroconsumers Foodwatch Franchisees and Dealers ICRT Labdoor National Anti-Scam Centre Open Food Facts Option consommateurs Stiftung Warentest StopBadware Swedish Consumers' Association Swiss Alliance of Consumer Organisations Testachats Truth in Advertising UFC-Que Choisir
Magazines	Akher Saa Beobachter Choice Consumer Reports Consumers' Checkbook dTest Ethical Consumer Finanztest Guter Rat Pirkka Spendere Meglio Stiftung Warentest Which?
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People	Pamela B. Gilbert Joanna Guy Ted Halstead Arshad Hasan Tom Hucker Jim Jontz Gene Karpinski Florence Kelley James Love Ralph Nader Anthony Pollina Phil Radford Joyce Elaine Roop Donald Kemp Ross Gene Russianoff Celeste Thorson Michael Vernon
Governmental entities	Banking Standards Board Bureau of Consumer Protection Consumer Financial Protection Bureau European Consumer Centres Network Financial Consumer Agency of Canada Federal Office of Consumer Protection and Food Safety INDEPABIS National Homelessness Advice Service Office of Fair Trading Office for Fair Trading (Malta) Office for Fair Trading (Isle of Man) Pension Wise Water Industry Commission for Scotland Witness Service
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Historic competition regulators	Channel Islands Competition and Regulatory Authorities Industrial Commission National Board for Prices and Incomes Securities Commission of New Zealand
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Environmental	Bioscience Resource Project Environmental Action League of Conservation Voters Green Corps Environment America

History

Responsibilities

Regulated entities

See also

References

External links