Iranian lawmakers on Wednesday approved an amendment to the first article of a bill on the country’s accession to Combating the Financing of Terrorism (CFT) treaty – a series of standards set by the FATF (Financial Action Task Force). During an open session of the parliament on Wednesday morning, the MPs discussed problems for which […]

Today morning, a number of principalist representatives submitted a letter of protest to the Iranian Parliament Speaker Ali Larijani and members of the Expediency Council (EC) on the move taken by the Parliament Speaker in sending two bills pertinent to the Financial Action Task Force (FATF) to the Expediency Council. Given the above issue, the […]

 Tehran Friday prayer leader Ayatollah Ahmad Khatami has criticized the notion of joining the Financial Action Task Force (FATF), comparing it with going to the gallows. “The FATF’s executive secretary has said there’s no guarantee Iran would be removed from its blacklist,” Khatami told worshippers in Tehran on Friday, asking, “Now that there’s no guarantee, […]

Iranian ambassador to UK said the US, Saudi Arabia, Argentina and Israel made a lot of efforts to return Iran to FATF blacklist at the last plenary session of the global financial watchdog in Paris. Hamid Baeidinejad, Iranian ambassador to London, warned that if Iran cannot come to a satisfactory conclusion on the bills proposed by […]

 A senior Iranian lawmaker warned against a parliamentary bill aimed at the country’s accession to the Financial Action Task Force (FATF), saying that it would harm the national interests. “We believe that cooperation with the FATF will result in the self-imposition of sanctions and will undermine the national interest of the country,” Mohammad Ali Pourmokhtar, […]

Iran’s Guardian Council has said that Iran’s membership in the United Nations Convention against Transnational Organized Crime (UNTOC) is against both the security policies of the country and the Resistance Economy. The Spokesman for the Guardian Council, which is empowered to vet legislation in Iran, said on Saturday that the bill of Iran’s membership in […]

TEHRAN – The Financial Action Task Force (FATF) announced on Friday that the organization will continue suspension of counter-measures against Iran by October 2018. “The FATF is disappointed with Iran’s failure to implement its action plan to address its significant AML/CFT deficiencies. Given the Iranian government’s continued efforts to finalize and pass amendments to its […]

An international group that monitors money laundering worldwide said on Friday Iran had until October to complete reforms that would bring it into line with global norms or face consequences that could further deter investors from the country. Tehran has tried to attract foreign investors after completing a landmark 2015 agreement with the United States, […]

 The Iranian MPS decided to suspend discussing Iran’s accession to the International Convention for the Suppression of Financing of Terrorism (CFT) for two months in coordination with the government. The Iranian Parliament begun reviewing Iran’s accession to Convention for the Suppression of Financing of Terrorism (CFT) and membership in the United Nations Convention against Transnational […]

TEHRAN – The vice chairman of the parliament’s National Security and Foreign Policy Committee said on Tuesday that the bill on joining the convention on Combating the Financing of Terrorism (CFT) was approved earlier in the day during a meeting of the committee. Kamal Dehqani Firouzabadi said the committee has conditionally approved the bill to […]