BELIZE-Belize gets membership of Spain-based IOSCO

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Belize gets membership of Spain-based IOSCO

BELMOPAN, Belize, CMC – The Madrid-based International Organization of Securities Commissions (IOSCO) has been accepted as an associate member of the Financial Services Commission of Belize (Belize FSC).

“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,” said Belize FSC director general and deputy chairman Claude Haylock.

He said that Belize FSC is eagerly looking forward to actively participating in IOSCO’s initiatives and making substantial contributions to the collective goal of strengthening securities markets worldwide.

The Belize FSC is the primary regulatory body overseeing non-bank financial services, including securities and capital markets in the Caribbean Community (CARICOM) country. 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.

A statement said that its acceptance as an associate member “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 recognized 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,” the statement added.

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