Belize Receives Global Innovation Award for Financial Reform

Belize has received international recognition for its efforts to modernise financial services after earning the 2025 Innovation (Commendation) Award from the Corporate Registers Forum (CRF). The award was given for the Secured Transaction and Collateral Registry (STCR), a project aimed at improving access to credit, especially for small businesses.

According to the Belize Financial Services Commission (FSC) and the Belize Companies and Corporate Affairs Registry (BCCAR), which led the project, Belize joins Singapore and the Philippines in this recognition.

The STCR initiative was praised for boosting financial inclusion by offering “clearer, more secure avenues for accessing credit,” with a particular focus on micro, small, and medium enterprises (MSMEs).

“From its conceptualisation to execution, this initiative reflects Belize’s commitment to modernising its financial and business ecosystem, aligning with international best practices, and fostering a more resilient and accessible credit market,” the statement added.