Cook Islands Financial Intelligence Unit Takes on Financial Crime Investigation
The Cook Islands Financial Intelligence Unit (CIFIU) has been working tirelessly to combat financial crimes, including money laundering, terrorism financing, and other serious offenses in the country.
Mandate and Mission
According to CIFIU’s mandate, the agency is tasked with facilitating the prevention, detection, investigation, and prosecution of these financial crimes. Its mission is to contribute to the national, regional, and global fight against money laundering, terrorism financing, and other serious crimes.
Mission Statement
“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.”
How CIFIU Works
To achieve its mission, CIFIU conducts:
- Compliance examinations
- Information collection
- Data analysis
- Dissemination of intelligence on suspected money laundering, terrorism financing, and other serious crimes to relevant authorities
Vision
CIFIU’s vision is to be a leader in providing timely and high-quality financial intelligence in the global fight against money laundering and terrorism financing, while ensuring the protection of sensitive information.
Goals
With this goal in mind, CIFIU continues to work towards creating a safe and stable financial environment for the Cook Islands, its people, and investors.