On 20 May 2024, the Belize FSC was accepted as an associate member of the International Organization of Securities Commissions (IOSCO) according to a release today from the Belize Financial Services Commission. This milestone marks a significant step in fostering international cooperation in Belize’s financial services sector.
IOSCO is the leading international policy forum for securities regulators and is recognized
as the global standard setter for securities regulation. IOSCO develops, implements, and
promotes adherence to internationally recognised standards for securities regulations. By
joining IOSCO, the Belize FSC reaffirms its commitment to adhering to international
standards and best practices, thereby bolstering investor confidence, and promoting
market integrity in Belize.
In welcoming this news, Director General and Deputy Chairman of the FSC, Claude
Haylock, said, “We are delighted to join IOSCO as an associate member. This
membership will enable us to collaborate more closely with global regulators, share
valuable insights, and continue to enhance our regulatory environment to meet
international benchmarks.”
The Belize FSC looks forward to participating actively in IOSCO’s initiatives and
contributing to the collective goal of strengthening securities markets worldwide.
The Financial Services Commission of Belize is the primary regulatory body overseeing
non-bank financial services, including securities and capital markets. Its mission is to
ensure a robust, fair, and transparent financial system in Belize while protecting Belizean
investors and supporting the growth of the Belizean capital markets.