← belizelaw.ai · National Payment System, Cap. 266:01 · PART V — On-going Oversight

General and individual measures

Cap. 266:01, s. 21 · Revised Edition 2020

(1) The Central Bank may at any time adopt general standards and criteria for the conduct of payment services or the operation of systems. (2) The Central Bank may at any time issue directives to a licensed payment service provider or operator, or generally to such providers or operators or categories thereof, with respect to the governance, management, operations, relations with consumers, and relations with systems and any other matter for the efficient administration of this Act. (3) The Central Bank shall, at least fifteen days prior to the coming into operation of any general directive issued under sub- section (2), publish that directive in the Gazette or give notice on its website.
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