Iran’s top leader orders review of FATF-related bills

Iran’s Supreme Leader Ayatollah Ali Khamenei has ordered the re-evaluation of FATF-related bills by the Expediency Council of Iran, the government spokesman Ali Rabiee said on Wednesday.

“Considering the importance of the issue and the effect of the adoption of FATF bills on improving international banking and financial relations… the Supreme Leader has ordered to reconsider the issue,” Rabiee was quoted as saying by official IRNA news agency.

In February, the Paris-based Financial Action Task Force (FATF) said Iran would remain on its blacklist, calling on its member states to sanction Tehran.

The intergovernmental organization had demanded Iran to approve anti-terrorism legislation by February or it would remain on its blacklist.

Iran has already enacted amendments to its counter-terrorist financing and anti-money laundering acts.

However, bills to ratify such convention that were already passed by the Iranian parliament wait for the endorsement of the Expediency Council of Iran.

Source » xinhuanet

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