Partially at the behest of the

international community The international community is an imprecise phrase used in geopolitics and international relations to refer to a broad group of people and governments of the world. As a rhetorical term Aside from its use as a general descriptor, the term is t ...

Nauru Nauru ( or ; na, Naoero), officially the Republic of Nauru ( na, Repubrikin Naoero) and formerly known as Pleasant Island, is an island country and microstate in Oceania, in the Central Pacific. Its nearest neighbour is Banaba Island in ...

’s government no longer sanctions certain activities that, while technically legal, could serve to facilitate criminal activity. In 2003, it ended the controversial practice of selling its

passports A passport is an official travel document issued by a government that contains a person's identity. A person with a passport can travel to and from foreign countries more easily and access consular assistance. A passport certifies the personal ...

. It also banned

offshore bank An offshore bank is a bank regulated under international banking license (often called offshore license), which usually prohibits the bank from establishing any business activities in the jurisdiction of establishment. Due to less regulation and ...

s. In 2005, Nauru was still placed on the Financial Action Task Force on Money Laundering's (FATF) List of Non-Cooperative Countries (NCCTs). A division of the

Organisation for Economic Co-operation and Development The Organisation for Economic Co-operation and Development (OECD; french: Organisation de coopération et de développement économiques, ''OCDE'') is an intergovernmental organisation with 38 member countries, founded in 1961 to stimulate ...

, the FATF was created in 1989 to address global concerns over the proliferation of

money laundering Money laundering is the process of concealing the origin of money, obtained from illicit activities such as drug trafficking, corruption, embezzlement or gambling, by converting it into a legitimate source. It is a crime in many jurisdicti ...

. A generally low rate of

petty crime A summary offence or petty offence is a violation in some common law jurisdictions that can be proceeded against summarily, without the right to a jury trial and/or indictment (required for an indictable offence). Canada In Canada, summary offenc ...

in Nauru has been reported.http://www.countrywatch.com/cw_topic.aspx?type=text&vcountry=122&topic=PONAS

References

Law of Nauru Society of Nauru {{Nauru-stub