Belize to create AML/CFT exception to central bank confidentiality
Proposed law would also require rules against conflicts of interest
The Belizean government has introduced laws to allow the central bank to communicate with foreign regulators. The proposed legislation would also require the central bank to adopt a new ethics rule.
The central bank reform accompanies a wider reform package now before the lower house of parliament. It includes a new anti-money laundering and counter the financing of terrorism (AML/CFT) law, and other changes to laws concerning financial regulation and supervision.
The amendments to the central
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