Expediency Council reviews ratification of CFT, Palermo bills
The Sun. meeting of the Expediency Council was dedicated to addressing the ratification of two controversial FATF-related treaties, namely the convention against the funding of terrorism (CFT) and the UN Palermo Convention on Transnational Organized Crime.
Pompeo calls on Iran to ratify FATF treaties ‘without delay’
US Secretary of States Mike Pompeo has called on Iran to ratify the two controversial FATF-related treaties “without delay” and “without reservation.”
Secondary bank sanctions at the top of monetary ammunition triangle
America’s monetary ammunition refers to the coordinated collection of US secondary banking sanction laws, the FATF recommendations and Swift Services for imposing sanctions, which Iran has been one of its most important targets in recent years.
Expediency still undecided on date for FATF reviewing session: member
A member of the Expediency Council, Gholamreza Mesbahi Moghadam, said Sat. the date for holding a session on reviewing Iran’s accession to the two FATF-related bills is still uncertain.
Expediency Council’s decision on FATF to surely consider Iran’s interests
Iranian Foreign Minister Mohammad Javad Zarif said Mon. that the Expediency Council’s final verdict on accession to the two FATF-related conventions will be surely based on the country’s national interests.
Iran not to endorse FATF bills in exchange for EU’s INSTEX
A member of the Expediency Council, Gholamreza Mesbahi Moghadam, said the country would not endorse the FATF-related bills as a prerequisite for the EU’s trade mechanism INSTEX.
FATF-related bills should be approved
Spokesman for the Independent Fraction at the Iranian Parliament, Mehrdad Lahouti revealed the presence of Iranian Minister of Foreign Affairs in today’s session of the Parliament and said, “considering the extant situation in the country and solving economic problems, Iranian Foreign Minister Mohammad Javad Zarif emphasized that Financial Action Task Force (FATF)-related bills should be approved.”
No Fear of Holding Referendum
TEHRAN – Spokesman to the Guardian Council says nobody fears holding referendum on the FATF-related bills but as long as all official bodies are doing their own jobs, holding the referendum is not necessary.
Palermo, CFT review postponed to next Iranian year
The Expediency Council’s Saturday meeting on joining the UN Convention on Transnational Crime (Palermo bill) ended without conclusion, leaving the fate of the bill unknown till the next Iranian year (starting in March 21), a member of the council said.
Europe’s behavior affects EC’s decision on FATF-related bills: Rezaie
Expediency Council Secretary Mohsen Rezaei said that behavior of European countries will influence the body’s final decision about ratifying FATF-related bills.