Blacklisting: Initial Reactions, Responses and Repercussions

Abstract

On 22nd June, 2000, after a good deal of speculation, the much anticipated list of non‐cooperative countries was made public by the Financial Action Task Force (FATF). They had assessed 31 countries before deciding on the final 15, deemed non‐cooperative as their laws and practices were construed as providing an impediment to the fight against money laundering. They were the Bahamas, Cayman Islands, Cook Islands, Dominica, Israel, Lebanon, Liechtenstein, Marshall Islands, Nauru, Niue, Panama, Philippines, Russia, St Kitts & Nevis and St Vincent & Grenadines. Unfortunately for the Dominican Republic, a number of news sources from around the world substituted them for Dominica, assuming the two names referred to the same country.

Citation

Johnson, J. (2001), "Blacklisting: Initial Reactions, Responses and Repercussions", Journal of Money Laundering Control, Vol. 4 No. 3, pp. 211-225. https://doi.org/10.1108/eb027274

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