Demystifying the Financial Action Task Force

A review of Julia Morse, “The Bankers’ Blacklist: Unofficial Market Enforcement and the Global Fight Against Illicit Financing” (Cornell University Press, 2021).

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Unprecedented economic sanctions. SWIFT financial messaging bans. Central bank asset freezings. Russia’s invasion of Ukraine unleashed a new phase of economic warfare and heightened media and government attention to the opaque, byzantine world of international financial flows. Over the past six months, the G-7 and its partners implemented extensive multilateral economic sanctions, developed new uses of export control authorities, and rolled out the This article has been indexed from Lawfare

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