18.02.20.- The EU Council has announced today that the Cook Islands has been removed from its “grey list” of jurisdictions that have made commitments to comply with EU’s tax governance principles, but are still working to meet them.
Alan Taylor, CEO of the Cook Islands Financial Services Development Authority (FSDA), talks to CEO Insight about the jurisdiction’s unique credentials, as well as the most noteworthy products and recent developments.
The Cook Islands has passed a suite of legislation designed to meet the commitment made to the European Union’s Code of Conduct Group (“COCG”) and avoid being listed as a non-cooperative tax jurisdiction.
2019 April: The latest edition of Invest 2019 features an interview with Alan Taylor, Acting CEO for Cook Islands Finance. The interview covers a range of topics including the Cook Islands 2018 MER and why its asset protection trusts remain a world leader.
2018 November: The latest edition of CEO Insight magazine published this month features an article titled “World-Leading and Compliant” that captures an interview with Tamatoa Jonassen, the CEO for the Financial Services Development Authority.
October 2018: The Cook Islands Anti Money Laundering/Countering the Financing of Terrorism (“AML/CFT”) regime is officially one of the best in the world, as evidenced by the Cook Islands Mutual Evaluation Report (“MER”) just published at (
2018 October: At its Plenary in Paris last week the Financial Action Task Force (FATF), the independent inter-governmental body that develops and promotes policies to protect the global financial system from money laundering and terrorist financing, resolved to amend its policy recommendations to
2018 July: The Asia Pacific Group on Money Laundering (FATF styled regional body) recently held its AGM in Kathmandu, Nepal (21-27 July 2018). The Cook Islands Mutual Evaluation Report was tabled and adopted at the Meeting.
2018 March: The Pacific Catastrophe Risk Insurance Facility (the “Facility”) recently demonstrated its value and importance to the region when it paid out US$3.5m to Tonga as rapid response funding to assist with the recovery from destruction caused by Cyclone Gita.
2018 February: An article titled "To protect and to preserve" by Alan Taylor, FSDA Marketing Director, was published February 2018 in the STEP Journal, Vol 26, Issue 1. In the Article, Alan considers the importance of incorporating appropriate asset protection in wealth and succession planning.
2018 February: The Cook Islands government issued a media release announcing it has selected Digimap Ltd to provide a software solution and services to meet the country's Automatic Exchange of Information for tax purposes (AEOI) reporting comitments.
2018 January: The latest edition of Invest 2018 magazine features an interview with Tamatoa Jonassen, the CEO for the Financial Services Development Authority. In the article Tamatoa discusses why the Cook Islands is an attractive bridge to financial security.
2018 January: An article titled "Cook Islands: Your Asia Pacific Partner" by Nicky Burridge was published in the Invest 2018. Nicky covers reports on some highlights from a conference hosted by the FSDA in November 2017.