With eye on interests, Iran to press on with FATF

Tasnim – Iran will keep working on plans to implement standards set by the Financial Action Task Force (FATF), Foreign Ministry Spokesman Bahram Qassemi said, stressing that Tehran’s interests are being considered in this course.

“There have been a lot of talks on FATF in recent weeks. This issue is definitely in line with Iran’s interests and its foreign economic policy, and has many advantages,” Qassemi said at a weekly press conference on Monday.

By taking into consideration its laws and frameworks, the Islamic Republic will keep moving on this path, which is highly beneficial, he said of the FATF ratification process.

Hinting at US hostilities against Iran, the spokesman expressed hope that FATF and other international organizations would make decisions without foreign influence.

He said the US has become exasperated after its recent failure to mobilize the UN Security Council participants against Iran and the recent International Court of Justice’s ruling in favor of Tehran.

Washington is trying to make up for its isolation, Qassemi stated, describing the US as the “loser of the game”.

Last week, the Iranian Parliament approved a bill on the country’s accession to Combating the Financing of Terrorism (CFT) treaty –a series of standards set by the FATF.

FATF rules still need to be endorsed by Iran’s Guardian Council to be implemented.