Technical Assistance Reports

Belize: Technical Assistance Report-Developing the Supervision of E-Money Issuers

February 12, 2025

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Format: Chicago

International Monetary Fund. Monetary and Capital Markets Department "Belize: Technical Assistance Report-Developing the Supervision of E-Money Issuers", Technical Assistance Reports 2025, 015 (2025), accessed March 30, 2025, https://doi.org/10.5089/9798229001182.019

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Summary

IMF conducted a mission at the request of the Central Bank of Belize provided technical assistance focusing on developing a framework for the supervision of electronic money issuers in Belize. The mission reviewed existing approaches to supervising firms conducting regulated financial activities, as well as the regulatory framework and licensing practices for e-money issuers only to the extent that they influence and impact effective supervision. The mission also met with other key stakeholders from the public and private sector setting out nine key recommendations covering risk-based supervision, data collection, reconciliations, transparency, fund safeguarding, permitted investments, agents, inspection reports, and domestic collaboration.

Subject: Central bank bills, Central Banks, Credit bureaus, Financial markets, National payment systems, Payment systems

Keywords: Belize, Central Bank, Central bank bills, Credit bureaus, Electronic money, E-money, E-money issuer, Fintech, IMF's Monetary, Instrumentalities of the CD recipient, National payment systems, Payment systems, Payments., Risk assessment, Supervision, Terms and conditions, World Bank staff

Publication Details

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