A plain-language starting point for the legislation, regulations and practice guidance administered or enforced by CIFIU.
Identify, assess, document and keep current the money-laundering and terrorism-financing risks faced by your business.
Identify customers and beneficial owners, understand the relationship and apply enhanced measures where appropriate.
Maintain reliable records that allow transactions and compliance decisions to be reconstructed.
Report qualifying cash and electronic funds transfers and submit suspicious activity reports without delay.
Maintain policies, controls, governance, training and independent review proportionate to your risk.
Apply the requirements in the context of accounting, legal, real-estate, trustee and high-value retail services.
The FSC administers legislation covering regulated financial entities, corporate structures, international entities and related financial services activities.
Acts and compliance regulations
Banking Acts and fee regulations
Insurance, captive insurance and codes
Trustee company Acts and regulations
International companies and LLCs
Trusts, IRPTs and foundations
Connect the legislation library to supporting statements, forms, AML/CFT material, reports and prescribed fees.
Licensing forms, supervisory statements and regulatory guidance.
AML/CFT obligations, reporting requirements and compliance resources.
Registration forms, annual return forms and prescribed fees.
Registration requirements and information requests for international entities.
Ask about licences, regulated entities and regulatory obligations.
Contact the Financial Supervisory Commission for information about licences and regulations concerning financial institutions in the Cook Islands.
