The Financial Services Commission (FSC) serves as the regulatory and supervisory authority for Belize’s non-banking financial services. In 2021, the Government of Belize enacted the Securities Industries Act, which expanded the responsibilities of the former International Financial Services Commission, transforming it into the FSC. Now,
One example that Claude Haylock, the Director General at the Financial Services Commission, highlighted is an Initial Public Offering or IPO that the San Pedro Town Council recently floated. This IPO is valued at twenty-eight million dollars. The FSC is not responsible for promoting such
So, how does one go about launching an IPO or any other investment opportunity? According to Marlos Kus, the Director of Licensing and Authorizations at the FSC, the first step is to submit the necessary documentation to the commission. He elaborated on the detailed process
Many of the terms used to describe investment opportunities available to Belizeans are often too complex for potential investors to understand. This complexity is a key reason why many Belizeans are not taking advantage of these opportunities. To address this, the Financial Services Commission is
In May, former Mexican President Andres Manuel Lopez Obrador discussed with Prime Minister John Briceño the possibility of increasing Mexico’s power supply to Belize by five megawatts. Although that discussion did not come to fruition, this week, PM Briceño held a similar meeting with the
Forty-five thousand dockworkers at US ports on the East and Gulf coasts have returned to work, ending a three-day strike and alleviating concerns about import shortages on store shelves. The suspension of the strike also halts any further inflation on goods upon their arrival. The
This week, twenty-two-year-old Diego Santos was charged with manslaughter after allegedly causing the death of sixty-one-year-old Danatilo Cruz. Reports indicate that Santos and Cruz had an altercation, during which Santos pushed Cruz to the ground, resulting in a fatal head injury. Cruz was discovered in
Every day, Belizeans come across stray animals wandering the streets, often hungry, injured, or pregnant, relying on human kindness for survival. Unfortunately, help is hard to come by for these creatures, who are frequently viewed as nuisances and public health risks. Humane societies across the
One of Belize’s rising reggae stars, Jeremy Lizama, better known by his stage name Phynxxx [Phoenix], is creating a buzz on social media. His music, a vibrant blend of Caribbean rhythms and relatable lyrics, has struck a chord with audiences across the region. As he
Many tertiary institutions in Belize are still finding their way through the transition to fully online education. For secondary schools, the challenge of offering a virtual option is even greater. Initially, we assumed that primary-level education in a virtual setting was non-existent. However, we stumbled
