Section 1

8 Commission for a licence in accordance with the provisions of these Regulations. (2) Every application for a licence under these Regulations shall be routed through an attorney-at-law or a licensed international financial services practitioner resident in Belize, who shall conduct a proper ‘due diligence’ on the application before forwarding it to the Director General of the Commission. Application requirements. 4. An application under regulation 3 shall consist ofFirst Schedule. (a) the completed application form as set out in the First Schedule; (b) the biographical affidavit for each director, shareholder and officer of an applicant company in the form set out in the Second Schedule; Third Schedule. (c) the prescribed application fee (which shall be non-refundable) as contained in the Third Schedule; (d) evidence of capital requirements as set out in the International Financial Services Commission (Capital Requirements) Regulations; (e) any other necessary documentation as may be required by the International Financial Services Commission (Capital Requirements) Regulations. Eligibility for licence. 5. The following persons shall be eligible to obtain a licence under these Regulations– (a) barristers; (b) solicitors;