"The FATF is disappointed with Iran’s failure to implement its action plan to
address its significant AML/CFT deficiencies,” the organization said in a
statement after a week of deliberations in Paris, Reuters reported.
"The FATF urgently expects Iran to proceed swiftly in the reform path to ensure
that it addresses all of the remaining data-x-items in its action plan ... we expect
Iran to enact amendments to its AML and CFT laws ... in full compliance with the
FATF standards by October 2018, otherwise, the FATF will decide upon appropriate
and necessary actions at that time.”
Until Iran carries out measures to address deficiencies, FATF said it would
remain concerned and "urges all jurisdictions to continue to advise their
financial institutions to apply enhanced due diligence to business relationships
and transactions with natural and legal persons from Iran.”
Leader of the Islamic Revolution Ayatollah Seyed Ali Khamenei said on June 20
that Iran’s parliament should pass legislation to combat money laundering
according to its own criteria.
"...the Islamic consultative assembly (the parliament) which is grown, mature
and wise, must make laws independently on issues like countering terrorism or
countering money laundering,” the Leader said.
"While some clauses of international treaties may be good, it is not at all
necessary that, by referring to those clauses, we should join the conventions
whose real purposes are unknown to us or which we know have problems,” Ayatollah
Khamenei added.
Source: Tasnim