ABSTRACT

FinCEN Advisory: Transactions Involving the Cook Islands, July 2000, Issue 15   [open pdf - 219KB]

The FinCEN Advisory "...is a recurring series designed for the financial, regulatory and law enforcement communities. Subsequent advisories will describe trends and developments related to money laundering and financial crime." In this issue of FinCEN: "Banks and other financial institutions operating in the United States are advised to give enhanced scrutiny to all financial transactions originating in or routed to or through the Cook Islands or involving entities organized or domiciled, or persons maintaining accounts, in the Cook Islands. The need for such enhanced scrutiny is discussed in the remainder of this Advisory. The Cook Islands, located in the South Pacific Ocean, is an internally self-governing country in free association with New Zealand. Approximately 14,000 Cook Islanders, who are citizens of New Zealand, live on the country.s many coral atolls and volcanic islands."

Publisher:
Date:
2000-07
Copyright:
Public Domain
Retrieved From:
Financial Crimes Enforcement Network: http://www.fincen.gov
Format:
pdf
Media Type:
application/pdf
Source:
FinCEN Advisory (July 2000), iss.15
URL:
Help with citations