The latest news and views about the Financial Action Task Force (FATF) – FATF and Iran
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The Islamic Republic of Iran’s administration has issued a statement about the Financial Action Task Force’s recent decision to put the country on its blacklist.
Iran President’s Chief of Staff Mahmoud Vaezi says the government has taken measures that are expected to reduce the impact of the FATF blacklisting of the Islamic Republic on the country.
An Iranian official says the import of the novel coronavirus diagnostic test kits has been hindered by the foreign sanctions and the Financial Action Task Force’s recent decision to put Iran on its blacklist.
The Financial Action Task Force (FATF) has returned Iran to its blacklist because of Iran's non-compliance with the Palermo and the CFT Conventions. The move could create new and serious difficulties for Iran's financial relations that could be added to sanctions problems.
Foreign Ministry Spokesman Seyyed Abbas Mousavi has condemned the Financial Action Task Force’s blacklisting of the Islamic Republic saying that it is a politically-motivated action taken by international institutions.
Top authorities at Iran's Expediency Council have adamantly opposed the Islamic Republic’s accession to the Palermo Convention and Combating the Financing of Terrorism (CFT) treaty, describing them as threats to the national security.
The Iranian government has once again called on the country’s Expediency Council to ratify the bills on Iran’s accession to the Financial Action Task Force, arguing that the US sanctions will hurt the country even more if the country fails to adhere to the standards set by the global anti-money laundering body.
A senior Iranian economic activist believes that the approval of the bills proposed by the Iranian government to adopt the standards set by the global anti-money laundering watchdog FATF can be very useful in the current situation.
Iranian Foreign Minister Mohammad Javad Zarif deplored a recent decision by the Financial Action Task Force (FATF), a global anti-money-laundering watchdog, to increase pressures on the Islamic Republic, describing it as a “politically-motivated” move.
The Paris-based Financial Action Task Force (FATF) has given Iran a final deadline of February 2020 to tighten its rules against money laundering in compliance with the global watchdog’s financial standards.