Financial Secretary Office News

Financial Secretary Office News

EOI - Reviewing Underwrite of long haul air access to the Cook Islands

Expressions of Interest to provide a review of long haul access service from Los Angeles and Sydney to Rarotonga

The Cook Islands Ministry of Finance and Economic Management is looking to engage a consultant to undertake a (1) financial and (2) economic overview of the  Crown’s underwrite of the long haul air access to the Cook Islands from Los Angeles and Sydney.

Consultants wishing to undertake the work should submit an expression by COB Friday 22 February 2013 (Rarotonga time) to the Financial Secretary, P.O Box 120, Avarua, Rarotonga.

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pdfEOI_-_Review_of_Underwrite.pdf767.45 KB

EOI - Develop a Database Application for FIU

Financial Intelligence Unit
Government of the Cook Islands

Expression of Interest - Develop a Data Base Application for the Financial Intelligence Unit

The Financial Intelligence Unit’s (FIU) purpose is to protect and maintain the integrity of the Cook Islands Financial System and contribute to the administration of justice through its Anti-Money Laundering and Countering the Financing of Terrorism Regime (AML/CFT). FIU purpose is achieved through the collaborative efforts of two interdependent functions.

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Sovereign Wealth Fund - Design Recommendations

At the request of the Secretary of Finance of the Cook Islands, the Public Financial Technical Assistance Centre (PFTAC) of the International Monetary Fund arranged a technical assistance mission to visit Rarotonga from June 2 to June 12, 2012 to provide advice on design options for a Sovereign Wealth Fund and a Loan Repayment Fund. The mission was staffed by Dick Emery (IMF-funded consultant), formerly the senior civil servant of the United States Office of Management and Budget, and an advisor with experience in a number of developing nations.

Download the full report here pdfPFM_Cooks_WFund_Sept2012.pdf831.07 KB