The regulatory framework provides the legal premise that enables licensees to efficiently and prudently execute their roles and functions in the best interest of all stakeholders. The major legislations under which financial institutions are regulated are included here. Public consultations also contribute to greater regulatory transparency.
Central Bank of Belize Act
This Act established the Central Bank of Belize.
Domestic Banks & Financial Institutions Act
This Act allows the Bank to supervise and regulate banks and financial institutions.
International Banking Act
This Act gives the Bank supervisory and regulatory powers to oversee and grant licenses for international banking.
Credit Unions Act
The Credit Unions Act (CUA) designates the Governor of the Central Bank of Belize as the Registrar of Credit Unions and allows for the supervision of credit unions.
Money Laundering & Terrorism (Prevention) Act
The Money Laundering and Terrorism (Prevention) Act, 2008 establishes provisions for the investigation and prosecution of money laundering, terrorism and other related crimes.
Money Laundering and Terrorism (Prevention) (Amendment) Act, 2013
The Money Laundering and Terrorism (Prevention) (Amendment) Act, 2013 provides for measures to ensure compliance with international standards and obligations in relation to money laundering.
Exchange Control Act
The Exchange Control Act and accompanying regulations govern foreign exchange transactions as well as transactions between residents and non-residents.
Treasury Bills Act
This Act allows Government to borrow from the public by selling securities.
Money Transfer Service Providers Guidelines
This guideline outlines reporting and compliance requirements of money transfer service providers.
Consultations are conducted with the public on draft laws, regulations and circulars.
Bank Hours Monday to Thursday
8:00am to 5:00pm
Friday 8:00am to 4:00pm
Foreign Exchange Hours Monday to Thursday
8:00am to 3:00pm
Friday 8:00am to 4:30pm