Narcotics


International Narcotics Control Strategy Report

United States Department of State Bureau for International Narcotics and Law Enforcement Affairs Money Laundering and Financial Crimes March 2015 Belize is not a major regional financial center; however, it has a substantial offshore financial sector. The Government of Belize continues to encourage the growth of offshore financial activities that are vulnerable to money laundering, including offshore banks, insurance companies, trust service providers, mutual fund companies, and international business companies. The Belizean dollar is pegged to the U.S. dollar, and Belizean banks continue to offer financial and corporate services to nonresidents in the offshore financial sector. Belizean officials suspect there […]