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Iran Finance News

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.

‘Anti-Iran Summit in Poland Shows US Frustration with Previous Plots’

The governor of Iran’s Central Bank says the US’ plan to organize an anti-Iran conference in Warsaw signals Washington’s frustration with its previous anti-Iran plots.
Bahram Qassemi

Iran Warns Europe Time for Saving JCPOA Coming to End

The spokesman for Iran’s Foreign Ministry has cautioned the European Union it should be quick to take measures to salvage the 2015 nuclear deal, since Iran is running out of patience with Europeans due to their failure to fulfill pledges to compensate for the US withdrawal.

Is CBI Preparing to Lop Four Zeroes Off National Currency?

A new banknote unveiled by Iran’s CBI on Tuesday has fueled rumours the government is preparing to remove four zeros from the Iranian currency, rial.
FATF

Iran Must Accelerate FATF Accession amid Israel Inclusion

Israel’s accession to the global anti-money laundering makes it more difficult for Iran to join the Financial Action Task Force, an Iranian media outlet said, arguing for quicker approval of parliamentary legislations required for Iran getting out of the body’s black list.

IOSCO Promotes Iran’s Membership Status

The International Organization of Securities Commissions has promoted the membership status of Iran’s Securities and Exchange Organization.

Iranian Rial Regains Lost Value as Forex Market Returns to Stability

The Iranian rial continued its upward spiral on Saturday, pushing more and more of ordinary people to sell the US dollars they had purchased to prevent their money from losing its value.

Iran to Miss Opportunities If It Fails to Adopt FATF: Rouhani

Iranian president says without adoption of the standards set by the Financial Action Task Force (FATF) and cooperation with foreign banks, chances will be lost and it will be 20% more costly to resolve the country’s economic problems.

Rouhani’s Gov’t Unveils Next Fiscal Year’s Budget Bill

Mohammad Baqer Nobakht, head of Iran’s Budget and Planning Organization, says the budget bill for the next Iranian calendar year that begins on 21 March 2019 has been submitted to the Parliament.
FATF

Iranian MPs Pass Amendment to CFT Bill

Iranian lawmakers have approved an amendment to a bill on Iran’s accession to the Combating the Financing of Terrorism (CFT) convention, which was earlier rejected by the Guardian Council.

Court in Hamburg Rules in Favour of Bank Melli Iran

A court in Germany has ordered Deutsche Telekom, a partly state-owned telecom provider, to reactivate phone and internet service for the Hamburg branch of Bank Melli Iran.

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