U.S. and Belize Partner to Crackdown on Money Laundering

Belize’s National Anti-Money Laundering Committee (NAMLC) is hosting its 3rd annual conference on financial crime in Belize City. 

The meeting brings together more than 500 participants, both in person and online. Belizean and international experts will share updates and strategies for tackling money laundering, terrorist financing, and the spread of dangerous weapons.

This year’s conference is supported by NAMLC agencies and the U.S. Department of State’s Bureau of International Narcotics and Law Enforcement Affairs (INL), which has worked with Belize’s Financial Intelligence Unit to strengthen the country’s ability to combat financial crime.

The opening ceremony on Monday featured remarks from U.S. Embassy Charge d’Affaires Katharine Beamer, with the embassy later reiterating its commitment to “partnering with Belizean institutions” against organised crime and terrorism. “Financial crimes, including money laundering and terrorist financing, are serious emerging threats to national and global financial systems,” the embassy said in an online statement.

NAMLC was created in 2014 to coordinate Belize’s response to financial crime and advises the Minister of Finance, develops national strategies, and represents Belize internationally.