National Risk Assessment: Methodology

Overview

The Cook Islands Financial Intelligence Unit (FIU) has conducted a national risk assessment to identify and assess the primary money laundering, terrorist financing, and proliferation of weapons of mass destruction risks (ML/TF/FOP) in the Cook Islands. This report provides an overview of the methodology used to conduct this assessment.

Methodology

• The FIU collected and analyzed information from government agencies, private sector stakeholders, and other relevant sources.
• A focused assessment was conducted to identify primary threats and high-risk sectors in the Cook Islands, rather than a comprehensive national risk assessment.

Sources

• Previous national risk assessments (2008 and 2015)
• Typologies reports
• Information from government agencies
• Private sector stakeholders
• Discussions with key personnel

Approach

• The report considers the approaches used by other countries in producing national risk assessments.
• Draws on models developed by the World Bank and International Monetary Fund.

Key Considerations

If you would like me to expand on any of these points or provide further clarification, please let me know.