Regulating Money Laundering and Tax Havens: The Role of Blacklisting

    Research output: Working paperAcademic


    Since ten years, and more so, since September 11, 2001, international
    organizations such as the IMF, OECD and EU try to combat harmful tax
    competition, money laundering and terrorist financing. Blacklisting, the naming
    and shaming of uncooperative countries, was one of the strategies used from the very beginning of this new policy area. An analysis of the black listed countries over time shows, that the black lists got shorter and shorter over time. In 2006, Myanmar was the only country listed for money laundering, until it was finally also removed from the list.

    The paper wants to explore a) the reasons for removing large countries and
    especially EU countries from the list b) the wanted and unwanted effects
    blacklisting had for the named and shamed countries and discusses c) whether this necessarily means the end of blacklisting. We want to show d) a new way of
    greylisting which might be more compatible with the international diplomatic
    requirements. We developed a new indicator for rating countries with regard to
    cooperative behavior for tackling money laundering, which might also allow for
    benchmarking, a concept probably more accepted within the EU than blacklisting.
    Original languageEnglish
    Place of PublicationUtrecht
    PublisherUU USE Tjalling C. Koopmans Research Institute
    Number of pages33
    Publication statusPublished - May 2008

    Publication series

    NameDiscussion Paper Series / Tjalling C. Koopmans Research Institute
    ISSN (Electronic)2666-8238


    • Money Laundering
    • Tax Havens
    • Blacklisting
    • Naming and Shaming


    Dive into the research topics of 'Regulating Money Laundering and Tax Havens: The Role of Blacklisting'. Together they form a unique fingerprint.

    Cite this