The latest news and views about the Financial Action Task Force (FATF) – FATF and Iran
The Iranian parliament is to review a bill on Iran’s accession to Combating the Financing of Terrorism (CFT), which was earlier proposed by the government as part of measures to adopt the standards set by the Financial Action Task Force (FTAF).
Iran’s Chamber of Commerce has urged the Rouhani administration to join the Financial Action Task Force (FATF), an international body which develops policies to combat money laundering.
The spokesman for Iran’s Guardian Council says the body has ratified a legislation amending a law on Counter Terrorist Financing (CTF).
The spokesman for Iran’s Guardian Council said the body has rejected the parliament’s legislation amending Iran’s Counter Terrorist Finance law in accordance with standards set by the global anti-money laundering body, Financial Action Task Force.
The support offered by western governments to the Mujahedin Khalq Organization, as demonstrated in the annual meeting of the group last Saturday, discredits the definition of terrorism offered by the G7-created Financial Action Task Force.
The Financial Action Task Force says it has decided to continue the suspension of its counter-measures against Iran, but Tehran needs to enact amendments to its AML and CFT laws and ratify the Palermo and TF Conventions by October.
Ayatollah Seyyed Ali Khamenei, the Leader of Iran’s Islamic Revolution, says there is no need to join international treaties and conventions that do not serve the country’s national interests.
Iranian Deputy Foreign Minister for Political Affairs Seyed Abbas Araqchi said the country’s membership in the Financial Action Task Force (FATF), the policy-making body of the international financial system, would not pose any security threat to the Islamic Republic.
The Financial Action Task Force, an international anti-money laundering body, has once again delayed some penalties against Iran, but kept the Islamic Republic in its black list and threatened action in June.
The conservative newspaper Kayhan has harshly criticized the Iranian government’s plan to implement the regulations of the Financial Action Task Force (FATF), saying such cooperation would just make more effective the US sanctions on Iran.
A senior Iranian lawmaker says the West’s refusal to remove Iran from the FATF’s blacklist is a breach of their commitments and a move to extract more concessions from the Islamic Republic.
The world’s anti-money laundering body, known as FATF, has extended the suspension of its restrictions on Iran, lauding the Islamic Republic’s commitment to implement measures to address shortcomings in its anti-money laundering policies.
Iranian Foreign Minister Mohammad Javad Zarif dismissed the ‘shameful’ claims that Rouhani’s government has vowed to hand over General Soleimani to US in exchange for the removal of banking restrictions.
The Anti-Money Laundering Supreme Council has issued a statement to clear the vague points about Iran’s accession to the Financial Action Task Force (FATF).