FIU to Share Findings of National Risk Assessment on Money Laundering

The Financial Intelligence Unit (FIU), in its role as Chair of the National Anti-Money Laundering Committee, has announced a virtual sensitization session to share the findings of Belize’s second National Risk Assessment (NRA) on money laundering and terrorist financing.  The NRA, completed in November 2024, is a key exercise designed to help Belize identify, assess, and understand its exposure to financial crime. It examines both threats such as the sources and scale of criminal proceeds, and vulnerabilities within the country’s economic, legal, and institutional frameworks that could make Belize attractive to money laundering and terrorist financing activities.  The upcoming session, scheduled for mid-October, will place particular emphasis on the Non-Profit Organization Terrorist Financing Risk Assessment. This standalone module was conducted as part of the NRA and focuses on the sector’s potential exposure to terrorist financing risks.  According to the FIU, the sensitization is intended to enhance awareness and strengthen collective efforts to safeguard Belize’s financial system from abuse.