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Opinion

Myanmar's financial blacklisting is worth the risks it brings

Disruption of fund flows will hit aid groups and opposition, alongside regime

| Myanmar
The Myanmar kyat has lost 60% of its value,   © AP

Zachary Abuza is a professor at the National War College in Washington. The views expressed here are his own and may not reflect those of the college or the U.S. government.

Last month, Myanmar took its place alongside North Korea and Iran on the blacklist of the Financial Action Task Force, a Paris-based international organization that combats money laundering, over its failure to regulate its banking system and financial markets.

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