01684cas a2200241 a 4500 AALejournalIMF003386 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451920864 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Cook Islands : Assessment of the Supervision and Regulation of the Financial Sector Volume I-Review of Financial Sector Regulation and Supervision. Washington, D.C. : International Monetary Fund, 2004. 1 online resource (45 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper reviews financial sector regulation and supervision in the Cook Islands (CI). The CI has taken a number of measures to strengthen its financial sector regulation. New legislation was passed for the regulation of banking activity, and a Financial Supervisory Commission (FSC) was established. A suite of antimoney laundering legislation was enacted in May 2003 with work ongoing in respect of legislation for combating the financing of terrorism. The new Banking Act and FSC Act provide a good basis for sound financial sector regulation. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2004/413 Full text available on IMF http://elibrary.imf.org/view/journals/002/2004/413/002.2004.issue-413-en.xml IMF e-Library