IRNA – It is up to the Supreme National Security Council of the country to decide about the definition of a terrorist group, said Iran’s Majlis (Parliament) Speaker Ali Larijani on Wednesday.
Larijani made the remarks in response to a reminding by a member of parliament, saying by joining the Combating the Financing of Terrorism,’ or CFT, Iran will be unable to help Resistance forces in the region while it brings about self-sanctioning.
‘Your objection is overruled,’ Larijani said in response, saying it is the responsibility of the country’s Supreme National Security Council to decide about definition of a terrorist group.
The CFT bill is one of the four FATF bills which include reforms in the money-laundering rules, change in the funding terrorism law and the joining of the country to the Palermo Convention.
On October 7, the Iranian lawmakers voted 143 in favor of the CFT bill, approved it and then sent it to the Guardian Council.
The Guardian Council is an important body in Iran and one of its key duties is to ensure the compatibility of the legislation passed by the Iranian parliament with the criteria of Islam and the Constitution.
Financial Action Task Force (FATF) introduces itself as an inter-governmental body established in 1989 by the Ministers of its Member jurisdictions.
The objectives of the FATF are to set standards and promote effective implementation of legal, regulatory and operational measures for combating money laundering, terrorist financing and other related threats to the integrity of the international financial system.
The FATF is therefore a “policy-making body” which works to generate the necessary political will to bring about national legislative and regulatory reforms in these areas.
In its recent session, FATF, the Paris-based intergovernmental organization gave four months as another chance to Iran to make changes in its financial activities as the country has already been transparent in its related commitments.