The Financial Intelligence Center report states that normalizing financial relations with Iran is contingent upon joining the FATF conventions.
The FATF Financial Intelligence Center has announced that if Iran joins the Palermo and CFT conventions, its return to the gray list can be considered.
The importance of accepting the CFT convention lies in the fact that since 2019, when FATF defined countermeasures against Iran, it has repeatedly stated in its declarations that if Iran joins the Palermo and CFT conventions, the suspension of countermeasures and Iran’s return to the gray list, and consequently the normalization of other countries’ behavior towards Iran, can be decided upon until the full implementation of the action plan.
