An EVR registration - as the name implies - is external and visible to all lenders. Thus, if you are registered in this registry, you will actually be blacklisted for eight years.
The consequences of an EVR registration are severe. The lender the fraud case involved may register you for up to eight years. During that time, you can do virtually nothing financially.
Applying for a mortgage, loan or even insurance is made impossible in many cases. This is a registry you absolutely do not want to find yourself in.