A look at the top stories in the Caribbean and Latin America this week…

Belize has enacted a series of laws seeking to comply with international Economic Substance requirements, law firm Morgan & Morgan has noted. The issuance of the final Guidelines on the matter of Economic Substance in Belize is expected sometime before the end of this year. As part of the new requirements, International Business Companies (IBC) engaged on what is defined as “relevant activities” will need to meet adequate economic substance in Belize.

Included Entities are:

1) IBCs licensed by the Belize Internat...