The Iranian parliament has passed a bill on combating the financing of terrorism as part of the countrys implementation of international standards set by the Financial Action Task Force (FATF).
The Financial Action Task Force in its Friday meeting in Paris has recognized measures taken by Iran in line with addressing its deficiencies and has decided to continue the suspension of active countermeasures until its next meeting.
Iran’s ambassador to Britain said a recent decision by the Financial Action Task Force (FATF), the policy-making body of the international financial system, to continue the suspension of anti-Iran sanctions would guarantee the country’s banking ties with foreign countries.
The Financial Action Task Force has decided to continue the suspension of counter-measures against Iran, “in light of Iran’s demonstration of its political commitment and the relevant steps it has taken in line with its Action Plan.”