Accoording to The Iran Project, in a recent Paris meeting, the international money-laundering watchdog the Financial Action Task Force (FATF) announced that it will keep Iran on its blacklist. The decision was made following “Iran’s failure to enact the Palermo and Terrorist Financing Conventions in line with the FATF Standards,” the international ...

The Financial Action Task Force (FATF) has agreed to remove Iran from the list of Recommendation 7, backing down from its previous decision.

In a letter of protest to the Financial Action Task Force (FATF), Iran's Finance Minister Ehsan Khandouzi has urged for the Islamic Republic of Iran's name to be removed from Recommendation 7 and other documents related to UN Security Council Resolution 2231.

Iran has issued a first list of individuals suspected of money laundering activities as an official in the countrys finance ministry (MEFA) says the move would signal to the world that Iran is seriousin its fightagainst financial crimes. Head of MEFAs Financial Intelligence Center Hadi Khani said on Sunday that a list of 300 individuals suspected ...