On July 1, 2003, the Cook Islands’ Financial Supervisory Commission (FSC) was established to take the position of the previous Offshore Financial Services Commission (FSA). The Cook Islands Financial Intelligence Unit (FIU) and the FSC combined on July 1st, 2012.
The Cook Islands FSC does not handle disputes or complaints between businesses and investors. 3. There is no corporate insolvency compensation scheme in the Cook Islands. 1. The Cook Islands FSC regulates foreign exchange margin trading activities. Foreign exchange dealers regulated by the Cook Islands FSC must have a Money-Changing licence.