Implementation Documents

The below documents represent the set of prudential standards adopted by the Central Bank for the regulation and supervision of the banking sector.

Pillar 1: Minimum Capital Requirements

This document, Basel II/III Capital Framework issued 31 January 2020 outlines the overall framework for the calculation of minimum capital requirements and constituents of capital as adopted by the Central Bank of Belize based on the Basel Capital Framework as developed by the Basel Committee on Banking Supervision.  The Central Bank aims to ensure that all banks maintain a level of capital that is consistent with the risks arising from their operations.

Pillar 2: Supervisory Review Process

The following documents establish the Central Bank’s minimum expectations for risk management by banks operating in Belize.  These risk management principles will be foundational to banks reporting their Internal Capital Adequacy Assessment Process reports by December 2022.