Financial Services Commission - Belize

Under Belize’s Insolvency Legislation, the Financial Services Commission (FSC) is tasked with responsibility for implementing and administering the legislation. This includes developing and implementing subsidiary regulations and guidance, establishing the Office of the Official Receiver, and the development and implementation of a licensing and supervisory regime for insolvency practitioners in Belize. The legislation also addresses the issue of cross border insolvency recognition, which the FSC is also tasked with implementing.