高風險司法管轄區在打擊洗錢、恐怖主義融資和擴散融資的機制方面存在重大策略缺陷。對於所有被認定為高風險的國家，財務行動特別組織（FATF）呼籲所有成員並敦促所有司法管轄區加強盡職調查；在最嚴重的情況下，FATF呼籲相關國家採取反制措施，以保護國際金融體系免受源自該國的洗錢、恐怖主義融資和擴散融資（ML/TF/PF）風險的影響。這份名單通常被外界稱為「黑名單」。
High-risk jurisdictions have significant strategic deficiencies in their regimes to counter money laundering, terrorist financing, and financing of proliferation. For all countries identified as high-risk, the FATF calls on all members and urges all jurisdictions to apply enhanced due diligence, and, in the most serious cases, countries are called upon to apply counter-measures to protect the international financial system from the money laundering, terrorist financing, and proliferation financing (ML/TF/PF) risks emanating from the country. This list is often externally referred to as the “black list”.