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Tag: Special Purpose Vehicle (SPV)

INSTEX Implementation Not Possible without FATF: Germany

The German ambassador to Tehran has denied the allegation that the European Union has set conditions for implementing its special purpose vehicle for trade with Iran, but at the same time noted that European banks would not work with Tehran if the country fails to adopt the FATF standards.

Iran Leader Urges Officials to Beware of Europe’s Deceit

Leader of Iran's Islamic Revolution Ayatollah Seyyed Ali Khamenei has warned Iranian officials against being deceived by the Europeans' deceit, urging caution against the enemy's smile.

Iran May Pull Out of JCPOA If Europe Sets Conditions for INSTEX

Iranian Foreign Minister Mohammad Javad Zarif called on the European Union to meet its obligations under the 2015 nuclear deal, saying if the EU wants to set preconditions for the implementation of their commitments, Iran may walk away from the deal.

Iran Censures EU’s ‘Non-Constructive’ Statement

The Iranian foreign ministry on Tuesday rejected the European Union’s criticisms of its missile program and human rights conditions, describing the bloc’s positions as non-constructive and unhelpful.
FATF

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.

‘Anti-Iran Poland Conference Sign of US Failure in Mideast’

Iranian Parliament Speaker Ali Larijani says the US move to organize an anti-Iran conference in the Polish capital Warsaw testifies to Washington’s failure in the region, as the country wouldn’t need to hype up such a conference if it had achieved its goals in the region.

Iran Welcomes Implementation of Europe’s Financial Mechanism

Iranian Foreign Ministry Spokesman Bahram Qassemi says Tehran welcomes the EU’s announcement of its special financial mechanism for trade with Iran, but considers it as a first step that should be followed by quicker implementation of other commitments.

EU Announces Special Mechanism for Trade with Iran

The European Union has announced a long overdue special mechanism, called INSTEX (Instrument for Supporting Trade Exchanges), aimed at facilitating trade with the Islamic Republic of Iran in the face of the US sanctions.
FATF

‘US Exit of Nuclear Deal Makes Tehran Hesitant Regarding FATF’

The US withdrawal from the 2015 Iran nuclear deal, for which Iran made lots of concessions, conjures up "bitter memories" that makes Iran undecided to give further concessions to anti-money laundering and terrorism laws, a former MP and political analyst said.

‘EU Could Show Good Faith by Running Bank to Keep Ties with Iran’

An Iranian lawmaker says the EU decision to launch a special financial mechanism to keep trade ties with Iran despite US sanctions was not made in a good-faith gesture.

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