Organisation for Economic Co-operation and Development controversy

Some decisions, actions or reports made at or by the Organisation for Economic Co-operation and Development (OECD) have raised controversy.

Unlike many other inter-governmental organizations like the United Nations or the European Commission, the OECD cannot legislate or enforce laws and lacks the power to coerce a country, member or not, to alter its policy.

However, it can have an influence on national policies through soft laws, by issuing "recommendations", "guidelines" and other "manuals", to which countries or companies can refer.

The FATF blacklist was the common shorthand description for the Financial Action Task Force list of "Non-Cooperative Countries or Territories" (NCCTs).

Most larger countries with significant financial centres consider transactions coming from or transferring to a jurisdiction on the FATF Blacklist to be a suspicious activity, which automatically triggers closer regulatory scrutiny (and considerably more paperwork on the bank's part).