IFP Exclusive

Iran Likely to Approve FATF Soon: Official

An Iranian official says the bills proposed by the Rouhani administration on adoption of the Financial Action Task Force (FATF) standards will probably be approved at the Iranian Expediency Council soon.

Mohammad-Reza Bahonar, a conservative member of the council, said the key point with regards to the FATF is to see where national interests are or are not compatible with global interests.

The official stressed that Iran is against terrorism, and added the country will announce at international circles how it will join the Palermo protocols and Countering the Financing of Terrorism (CFT) mechanism.

“However, this should not be a lever to neutralize Iran’s fight against sanctions. This is a technical and precise job which takes some time to do,” he said.

“In order to neutralize sanctions, we need to circumvent them some times and ignore the laws of hostile countries,” he said.

IFP Editorial Staff

The IFP Editorial Staff is composed of dozens of skilled journalists, news-writers, and analysts whose works are edited and published by experienced editors specialized in Iran News. The editor of each IFP Service is responsible for the report published by the Iran Front Page (IFP) news website, and can be contacted through the ways mentioned in the "IFP Editorial Staff" section.

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