Belize : Assessment of the Supervision and Regulation of the Financial Sector—Review of Financial Sector Regulation and Supervision

Author/Editor:

International Monetary Fund

Publication Date:

November 30, 2004

Electronic Access:

Free Full text (PDF file size is 411 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This paper highlights key finding of the assessment of financial sector regulation and supervision in Belize. The assessment reveals that banking supervision in Belize complies with or is largely compliant with most of the Basel Core Principles. Under current arrangements, the Minister retains a good deal of discretionary authority with respect to banking supervision, but this situation is likely to be modified if a draft bill, now under discussion, becomes law. Retention of qualified staff is a continuous problem with the result that the intensity of banking supervision varies.

Series:

Country Report No. 04/373

Subject:

English

Publication Date:

November 30, 2004

ISBN/ISSN:

9781451805505/1934-7685

Stock No:

1BLZEA0032004

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

57

Please address any questions about this title to publications@imf.org