According to the latest news, the Belize IFSC revoked the licenses of 48 companies, of which 23 companies have trading rights (21 holding financial derivatives brand licenses, 2 holding retail trading licenses). Cool news: Belize suspected regulatory reshuffle, 48 company licenses were withdrawn
Belize International Financial Services Commission
Notice of revocation
It is hereby notified that as of January 1, 2019, the following entities are no longer licensed by the Belize International Financial Services Commission (the "Commission"). These entities are not authorized to provide, continue or perform any of the international financial services listed in Annex I to Chapter 272 of the Belize International Financial Services Commission Act, as amended, within or outside Belize.
See the table for a detailed list. All investors and related individuals should be handled with caution.
Belize IFSC
February 8, 2019
The original text of the announcement and the list of revocation are shown below:
Of these 48 companies, 23 have operating rights, as shown in the chart below:
Belize's International Financial Services Commission (IFSC) advises investors to be vigilant.
FX110 website updates Belize International Financial Services Commission (IFSC) information in real time in the "Regulators" section, there are now only 49 IFSC licensed traders in Belize, compared to 72 traders previously.
In the wake of stricter regulations from major regulators around the world, Belize's International Financial Services Commission (IFSC) has repeatedly tightened its rules for unregulated traders.
The prevalence of global regulatory winds, violations in the industry and related conflicts and disputes will be unified and clear norms, which will promote the virtuous circle of the entire currency industry.