F. Belize Confidentiality
There are no specific secrecy laws for most companies. However, the Offshore Banking Act does provide a covenant under Part VII Section 34 stipulating that no information shall be disclosed of a licensee or a customer of a licensee unless lawfully requested or allowed by the courts of Belize. The act does allow for the Central Bank of Belize to share this information with their foreign counterparts.
However, this level of sharing would probably have to be negotiated with each group where treaty does not already provide more guidance. Offenders of this section can face a $5000 fine, six months in prison, or both.
 Belize Trade & Investment Development Service (Beltraide), Investment Guide: Legislation: OFFSHORE BANKING ACT 1996, available at http://www.belizeinvest.org.bz/act_banking.shtml (last visited on Oct. 3, 2002).
 Offshore Banking Act (Chapter 267), 2000 Revision.