The Cook Islands Financial Intelligence Unit supports the prevention, detection, investigation and prosecution of money laundering, the financing of terrorism and other serious offences.
CIFIU’s mandate is to facilitate the prevention, detection, investigation and prosecution of money laundering, the financing of terrorism and other serious offences in the Cook Islands.
CIFIU’s mission is to contribute to the national, regional and global fight against money laundering, the financing of terrorism and other serious crimes through its intelligence and compliance program.
At the CIFIU, we strive to be a leader in the prevention of money laundering and terrorist financing activities and thus contribute to a safe and stable financial and economic environment for the people of the Cook Islands and investors.
We embrace this mission through compliance examinations, information collection, analysis and the dissemination of information on suspected money laundering, the financing of terrorism activities and other serious crimes to relevant domestic and international law enforcement authorities.
CIFIU’s vision is to be a leader in providing timely and high quality financial intelligence in the global fight against money laundering and the financing of terrorist activities and threats to the economy of the Cook Islands, while ensuring the protection of the information it holds.
Monitoring compliance with relevant AML/CFT obligations and helping reporting institutions understand their responsibilities.
Receiving and securely managing financial information from reporting institutions, government agencies and authorised partners.
Identifying patterns, risks and suspected activity connected to money laundering, terrorism financing and other serious crime.
Sharing relevant financial intelligence with authorised domestic and international law enforcement authorities.
Safeguarding sensitive information and maintaining the security and integrity of financial intelligence processes.
Working with national agencies, overseas FIUs and international bodies to strengthen the response to financial crime.
Member since May 2001. APG membership supports regional policy development, mutual evaluations, training and cooperation.
Member since 2004. The Egmont Group supports secure information exchange, training and cooperation between FIUs.
Member since 2011. APIFIU promotes practical cooperation and AML/CFT capability across Pacific financial intelligence units.
The Cook Islands was rated Compliant or Largely Compliant with 38 of the 40 FATF Recommendations in the evaluation published in 2018.
CIFIU works with government agencies, reporting institutions and international partners to maintain a secure, transparent and trusted financial system in the Cook Islands.
