Law

‘Iran’s Trade with World to Get More Difficult without FATF’

Iranian Foreign Ministry Spokesman Bahram Qassemi says adoption of the standards set by the Financial Action Task Force (FATF) is not expected to remove all economic problems of Iran but failing to adopt them will hamper the country’s trade exchange with the outside world.

Iran Must Enjoy Benefits of Implementing Palermo Convention: VP

Iranian Vice President for Legal Affairs, Laya Joneydi, says when Iran, in accordance with its domestic law, implements the provisions of the Palermo Convention against Transnational Organised Crime, it must also benefit from the convention’s advantages.

FATF Accession Key to Surviving US Sanctions: Iran

If the Islamic Republic is to continue its trade exchanges with the outside world amid the harsh sanctions imposed on the country, it needs some specific work tools, one of which is the Financial Action Task Force (FATF), says Hossein Gharibi, an assistant to Iran’s foreign minister.

Iran Bars MPs from Running for More than 3 Consecutive Terms

Iranian lawmakers have passed a new election bill that bans members of the parliament from running for the position again after serving for three consecutive terms.

Guardian Council Says Not Worried about Plebiscite on FATF Accession

Iran's Guardian Council Spokesman Abbas Kadkhodaei says the council is not afraid of any referendum on Iran’s adoption of Palermo Convention and the Convention against Financing of Terrorism (CFT).

Cabinet to Discuss Bill Equalizing Blood Money for Women, Men: VP

Iran’s Vice Presidency for Women and Family Affairs has submitted a bill to the Cabinet which calls for equal blood money for both genders, Vice President Massoumeh Ebtekar said.

FATF Extends Iran’s Deadline by June

The global anti-money laundering body, the Financial Action Task Force (FATF), on Friday gave Iran until June to come into compliance with anti-terror financial measures or said it will face tougher financial oversight.

Iran Expediency Council Postpones Voting on Palermo Bill

Iran’s Expediency Council was once failed to reach a consensus over a parliamentary bill on Iran’s accession to the United Nations Convention against Transnational Organized Crime, as members have postponed voting on the FATF-related bill.

Iran Gov’t Urges Quick Approval of FATF as Deadline Approaches

A senior government official has argued for quick approval of two parliamentary bills required for Iran to get out of the blacklist of the global anti-money laundering body (FATF), saying Iran should not put its foreign relations at risk at a time when the US is bent on hurting the country’s foreign relations.

EU’s INSTEX Not to Affect Iran’s FATF Approach, Officials Say

Last week’s announcement by European powers that they are to launch a financial mechanism for Iran-EU trade would not affect Iran’s approach on joining the Financial Action Task Force (FATF), two Iranian officials said.