Blacklist

A blacklist is a list of individuals, entities, or countries that are flagged as high-risk or banned from engaging in certain activities due to regulatory, legal, or security concerns. Blacklists are used in compliance to prevent business transactions with those who are associated with criminal activity, terrorism, or sanctions violations. Organizations check their clients and business partners against blacklists to ensure compliance with regulatory requirements and avoid penalties.

Maintaining and using an up-to-date blacklist helps organizations protect themselves from potential legal and financial risks associated with non-compliance.