Financial Supervisory Commission
Cook Islands
The Financial Supervisory Commission is responsible for providing an Annual Report, containing the information necessary to enable an informed assessment of its operations.
The FSC is also responsible for providing a Statement of Corporate Intent, which is a prospective view of how government policy affects the Commission and also includes a budget for the forthcoming year.
The Financial Supervisory Commission has approved a four-year Strategic Roadmap which explains how it intends to prioritise and build capacity to meet its vision and mission over the coming years. Aligned to our legislated mandate, the strategic roadmap provides a broad overview of the key strategic priorities informing the annual Statement of Corporate Intent.
The Financial Supervisory Commission Act 2003 requires the Financial Supervisory Commission Board to provide a Statement of Corporate Intent to the Minister for Finance by 31 March each year. The Statement contains Government policy as it affects the operations of the Commission for the next financial year and the succeeding year.
The Act requires the following information to be provided in the Statement:
FSC's objectives
Statement of Corporate Intent 2023-2024
Statement of Corporate Intent 2022-2023
Statement of Corporate Intent 2021-2022
Statement of Corporate Intent 2020-2021
Statement of Corporate Intent 2019-2020
Statement of Corporate Intent 2018-2019
Statement of Corporate Intent 2017-2018
Statement of Corporate Intent 2016-2017
Statement of Corporate Intent 2015-2016
Each year the Financial Supervisory Commission Board is required to prepare an Annual Report for the previous financial year.
The report must include statements of:
The report is required to be provided to the Minister for Finance before 31 October each year and after it is tabled in Parliament by the Minister.