The Cook Islands


Under the Cook Islands Ship Registration Act (CISRA) 17(f) a vessel ceases to be of good standing if it has been engaged in contravention of the laws of the Cook Islands or another State or a convention (whether or not the Cook Islands is a party to that convention).

The Financial Transactions Reporting Regulation (Maritime Cook Islands) 2017 sets out a requirement that MCI conducts due diligence on the owner / operator of a Cook Islands registered vessel and keep records of beneficial owners thereof.

It is an obligation of MCI to report any suspicious activity by any Cook Islands registered vessel to the Financial Intelligence Unit (FIU).  MCI is required to ensure ongoing compliance by owners, mangers and vessels.