JURISDICTIONS WHICH EXITED THE FOLLOW-UP AND ICRG MONITORING: Belize

The May 2015 Plenary recognised that Belize had made significant progress in addressing the deficiencies identified in their 2011 Mutual Evaluation Report and therefore exited the follow-up process.

Belize has addressed the deficiencies noted in the Core and Key Recommendations rated PC/NC (R. 1, 4, 5, 10, 13, 23, 35, 40, SR. I – V) to a level of compliance that is comparable to at least an LC.

A detailed analysis of compliance with these Recommendations and progress made with other Recommendations, can be found in the country’s 8th Follow-Up Report.

JURISDICTIONS THAT WERE UNDER CFATF ICRG REVIEW AND HAVE MADE SIGNIFICANT PROGRESS IN ADDRESSING THEIR AML/CFT DEFICIENCIES

The CFATF acknowledges the significant progress made by Belize in improving its AML/CFT regime and notes that Belize has established the legal and regulatory framework to meet its commitments in its agreed Action Plan regarding the strategic deficiencies that the CFATF had identified. Belize is therefore no longer subject to the CFATF ICRG monitoring process.

MER of Belize

Prime Contact of Belize

Director
Financial Intelligence Unit
7 New Road, 2nd Floor
P.O. Box 2197, Belize City
Belize
011 501 227 6301,  011 501 227 6306