BELIZE BEARER SHARE CERTIFICATES SHALL NOW BE KEPT IN CUSTODY
Due to recent amendments to Belize International Financial Services Practitioners (Code of Conduct) Regulations of 2012, it now becomes mandatory for all Belize registered agents (licensed by the Belize competent authorities) to retain at all times physical possession of the bearer share certificates. The bearer share certificate shall be provided to the registered agent within one (1) month of the commencement of the new Regulations or as soon thereafter as possible.
The new regulations will come into force on the 1st of January 2013.
In case where the bearer share certificate is not provided to the registered agent by the bearer, the registered agent shall immediately resign as agent for such company and the comapny shall be struck off from the register of the International Business Companies.