Latest Financial News in Iran – News and opinion on the banking and finance sectors domestically and abroad. It includes national-level policy-making, the Central Bank of Iran, the stock exchange, as well as private actors in the field.
Iranian President Masoud Pezeshkian has officially communicated a law on Tehran’s accession to the International Convention for the Suppression of the Financing of Terrorism (CFT).
Two Russian banks have agreed to accept letters of credit (LCs) issued by Iranian banks, according to Eshaq Bandani, Deputy Governor for Foreign Exchange Affairs at the Central Bank of Iran (CBI).
Iran’s Parliament Speaker Mohammad-Baqer Qalibaf has officially notified President Massoud Pezeshkian of the law approving the country’s accession to the International Convention for the Suppression of the Financing of Terrorism (CFT), in accordance with the Iranian Constitution.
After six years, the Financial Action Task Force (FATF) has formally invited Iran’s Financial Intelligence Unit chief Hadi Khani for direct negotiations aimed at normalizing Tehran’s case and potentially removing the country from the FATF blacklist, ILNA reported.
Iran’s Vice President for Legal Affairs Majid Ansari has said the country's conditional accession to the CFT (Convention on the Financing of Terrorism) provides an opportunity for Tehran to take legal action against the Israeli regime over its crimes.
The Jomhouri-e Eslami newspaper has sharply criticized Iran’s long delay in approving the CFT bill, arguing that the country was held back for seven years due to many obstacles, including opposition from a Friday prayer leader.
Member of Iran’s Expediency Council Mohammad Reza Bahonar says the body has conditionally approved Iran’s accession to the Combating the Financing of Terrorism (CFT) convention.
A member of Iran’s Expediency Council, has defended the body’s recent approval of Iran’s accession to the Combating Financing of Terrorism (CFT) convention, saying the decision reflects national interest despite political disputes.
Iran will decide on joining the Combating the Financing of Terrorism (CFT) convention based on its national interests and may consider conditional acceptance through defined reservations, according to the head of the Financial Intelligence Unit at the Iranian Ministry of Economy.
Iran’s Central Bank has announced that 11 Russian banks are now supporting transactions made with Iranian bank cards in Russia, marking a significant development in financial cooperation between the two countries.
The spokesperson for Iran’s Expediency Council announced that the decision to review the CFT (Combating the Financing of Terrorism) and Palermo conventions separately from the broader FATF (Financial Action Task Force) framework was made following a directive from the Supreme Leader, based on a request from the Iranian President.
The head of Iran’s Expediency Council has stated that the council can conditionally approve the Combating the Financing of Terrorism (CFT) and Palermo Conventions. These two sticking points could pave the way for Iran to join the Financial Action Task Force (FATF), an international body focused on combating money laundering.
Iran has taken a significant step toward joining the Financial Action Task Force (FATF), a global watchdog combating money laundering and terrorism financing, hoping to be rid of many restrictions caused by shunning the organization.
The Iranian government spokesperson addressed the issue of Iran's adherence to the Financial Action Task Force (FATF) regulations, stressing the need for Iran to demonstrate that it does not engage with global terrorist groups and pave the way to improve the economic situation.
The Iranian executive vice president says that the government is persistently pursuing the approval of the Financial Action Task Force (FATF), which will significantly reduce the pressures resulting from sanctions.
A former deputy governor of the Central Bank of Iran has pointed out that China closed Iran's bank accounts due to Tehran's non-compliance with the Financial Action Task Force (FATF).
The head of the Iranian government's Information Council has announced that joining to the Financial Action Task Force (FATF) is once again on the agenda to facilitate smoother international relations.
The head of Iran's Export Confederation, has stressed the critical importance of Iran joining the Financial Action Task Force (FATF) for the development and strengthening of foreign trade.
A member of the Motalefeh Party in Iran has said the country needs to reconsider its views regarding the acceptance of the FATF (Financial Action Task Force) regulations that are aimed at fighting money laundering at an international level.
Iran’s President Masoud Pezeshkian emphasized that resolving the country’s economic challenges is impossible without the active involvement of the private sector.
The Incheh Borun Free Zone Customs in northern Iran was inaugurated on Friday with the presence of several officials, including Secretary of the Supreme Council of Free Trade, Industrial, and Special Economic Zones, Reza Masroor.
