Financial Action Task Force
-
There Is a Way Out From FATF Blacklist
EghtesadOnline: To get out of the dreaded blacklist of the Financial Action Task Force, Iran does not need to start from scratch or pluck stars from the sky, says a former Iranian diplomat.
-
Need for Continuing Efforts to Pass FATF Laws
EghtesadOnline: The government needs to continue efforts to pass the laws related to the standards of the Financial Action Task Force after the global watchdog placed Iran on its blacklist, an…
-
FATF Blacklist Raises Cost of Foreign Trade
EghtesadOnline: The Financial Action Task Force blacklist means significantly increasing the cost of doing business with the outside world, a senior member of the Tehran Chamber of Commerce,…
-
Expert Warns of Falling Foul of FATF Standards
EghtesadOnline: Non-compliance with the requirements of the Financial Action Task Force could result in the closure of all Iranian bank accounts around the world, including individuals and embassies,…
-
Currency at New Low; Iran's CB Says Will Defend Rial
EghtesadOnline: Major currencies soared in Tehran on Tuesday amid new concerns among market participants about a decision by the Financial Action Task Force on Iran by the weekend.
-
FATF Begins 6-Day Meeting
EghtesadOnline: The Financial Action Task Force commenced a week of meetings on Sunday to discuss major issues regarding money-laundering across continents.
-
Forex, Gold in Tehran Moving Up
EghtesadOnline: Foreign currency and gold coin prices increased in Tehran on Wednesday ostensibly influenced by the upcoming meeting of Financial Action Task Force on Feb 21.
-
Iran's CB Discounts Effect of FATF Ruling on Forex Market
EghtesadOnline: Governor of the Central Bank of Iran said whatever the anti-money laundering Financial Action Task Force decides on February 21, the decision will not affect the currency market.
-
Analysis: Agenda Lost to Propaganda
EghtesadOnline: Sincere stakeholders, in the anti-FATF camp in Tehran, say now is not the time to embrace the Financial Action Task Force rules. Their argument is premised on the reality that…
-
Central Bank of Iran Makes Case for Joining FATF
EghtesadOnline: The central bank governor says Iran’s key trading partners have sent notice to the effect that Iran’s inclusion in the Financial Action Task Force’s blacklist would have dire…
-
MPs Solicit Leader’s Support For FATF
EghtesadOnline: With the final call by the global anti-money laundering watchdog, the Financial Action Task Force, on Iran coming to a head, a group of MPs are preparing a letter to the Leader…
-
Critical Role of FATF Reiterated
EghtesadOnline: Time is running out for Tehran to meet the deadline set by the Financial Action Task Force to comply with the standards of the global anti-money laundering watchdog or face the…
-
Zarif: FATF Ultimatum Serves Political Purposes
EghtesadOnline: Iran's top diplomat said the Financial Action Task Force's imposition of a final deadline on Iran is a "completely political" decision, but stressed that international financial…
-
Tehran Given 4 More Months to Enforce FATF Conditions
EghtesadOnline: The Financial Action Task Force (FATF), the global watchdog for anti-money laundering policies, again extended the suspension of countermeasures against Iran.
-
FATF Extends Suspension of Counter-Measures
EghtesadOnline: The Financial Action Task Force, the global anti-money laundering watchdog, decided on Friday to continue the suspension of counter-measures against Iran until October.
-
CBI Chief: FATF Crucial for Foreign Banking Ties
EghtesadOnline: Governor of the Central Bank of Iran Abdolnaser Hemmati says recommendations of the anti-money laundering body, the Financial Action Task Force, are part and parcel of international…
-
FATF Extends Suspension of Iran Countermeasures Until June
EghtesadOnline: The anti-money laundering body, the Financial Action Task Force announced on Friday that it has extended the suspension of countermeasures against Iran for another four months,…
-
Iran Committed to Tangible AML/CFT Measures
EghtesadOnline: The intergovernmental Financial Action Task Force convenes in Paris this week for its plenary meeting. Among other things, it will look into Iran's progress with the Action Plan,…
-
Iran’s FATF Outcome Unclear
EghtesadOnline: Executive secretary of the Financial Action Task Force has said that while Iran's Action Plan with global anti-money laundering body is mostly incomplete, it cannot be firmly…
-
Zarif, Lawmakers Discuss FATF Affairs
EghtesadOnline: Foreign Minister Mohammad Javad Zarif in a closed session briefed lawmakers Tuesday about the ‘Iran Action Plan’ with the global anti-money laundering body the Financial Action…
-
FATF Week Begins With Iran on Agenda
EghtesadOnline: The Financial Action Task Force, the global anti-money laundering body, convenes on Sunday with a to-do-list which includes evaluating the progress by Iran in fulfilling its Action…
-
Iran Parliament Passes Counter-Terror Finance Legislation
EghtesadOnline: Iranian lawmakers on Sunday approved a measure that allows Iran to formally join the International Convention for the Suppression of the Financing of Terrorism, clearing a major…
-
Iran's CFT Convention Bill Back in Majlis
EghtesadOnline: The government bill that allows Iran to join the international Convention for the Suppression of the Financing of Terrorism is back on the Majlis floor after the two-month hiatus…
-
Iran Parliament Approves 2 FATF Bills
EghtesdOnline: Lawmakers on Tuesday approved two bills related to the Iran Action Plan with the intergovernmental Financial Action Task Force. The Guardian Council had earlier found faults with…
-
Iranian Lawmaker Calls for FATF Guarantees
EghtesadOnline: A senior lawmaker has voiced support for three of four legal measures required from Iran to be in good standing with the Financial Action Task Force, but said a guarantee is needed…
-
Iran: Optimism Over AML Legislation Before FATF Deadline
EghtesadOnline: Despite the opposition of some factions about the country falling in line with standards set by the Financial Action Task Force, optimism abounds among moderate lawmakers and…
-
FATF Back on Iran Parliament's Agenda
EghtesadOnline: As Iran's October deadline to complete the Action Plan set forth by the Financial Action Task Force draws near, lawmakers are renewing efforts to pass the related bills sent by…
-
Iran Chamber of Commerce Urges FATF Compliance
EghtesadOnline: Iran Chamber of Commerce, Industries, Mines and Agriculture, the country's largest private sector group, has emphasized the necessity of Iran joining the inter-governmental Financial…
-
Iran's Guardian Council Approves CFT Law Revisions
EghtesadOnline: Iran's Guardians Council has approved the government bill ratified by the parliament earlier this year, which amends Iran's Combating Financing of Terrorism Law to make it compatible…
-
Iranian Parliament Firm on Preventing FATF Blacklisting
EghtesadOnline: Majlis Economic Commission, a major force in Iran's Parliament, is committed to ensure the passage of pending bills aimed at completing its action plan with the Financial Action…