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Iran Remains on FATF Blacklist

IranGate
1 Min Read
Iran Remains on FATF Blacklist

Iran remains on the Financial Action Task Force’s blacklist

The Financial Action Task Force’s plenary meeting was held from February 11 to 13 in Mexico City, and according to the final statement of this body, Iran remains on the blacklist.

The statement emphasizes that Iran is on the list of high-risk countries subject to a call for action because it has not completed a significant portion of its action plan.

This body also announced that Iran’s reservations on the Palermo Convention and the Convention on the Suppression of the Financing of Terrorism do not fully align with its standards.

A reservation means that a country declares it will implement certain articles or commitments of a treaty in a limited way, conditionally, or in accordance with its domestic laws.

The final statement noted that these reservations have been assessed as overly broad.

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Iran Remains on FATF Blacklist

IranGate
1 Min Read
Iran Remains on FATF Blacklist

Iran remains on the FATF blacklist

On Friday, June 29th, the Financial Action Task Force (FATF) once again voted to keep the Islamic Republic of Iran on its money laundering blacklist and called on countries to take necessary actions against Iran, which has not ratified the Palermo Convention and the Convention on the Financing of Terrorism.

According to the French news agency, the Financial Action Task Force also warned about illegal activities related to the proliferation of weapons of mass destruction and their financing in North Korea, encouraging countries to take countermeasures against Pyongyang.

This organization had also announced last March that Iran would remain on the group’s money laundering blacklist.

Currently, only three countries, the Islamic Republic of Iran, North Korea, and Myanmar, are on the Financial Action Task Force’s blacklist.

Iran’s economy is becoming more critical every day due to remaining on the FATF blacklist, not accepting the group’s recommendations, and also because of sanctions.

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Every media institution, regardless of its origin or the doctrine it embraces, heralds the dawning of a new vista — a window that illuminates hidden recesses with the radiance of insight. It symbolizes the rich tapestry of perspectives that enable us to perceive and interpret our world. At the IranGate Analytical News Agency, our commitment is unwavering: to uphold the highest standards of journalistic integrity. We recognize and value the media literacy of our audience. We don't merely acknowledge it — we champion its growth, ensuring it thrives rather than diminishes. Our guiding principle resonates through every story we present: 'IranGate: Your Gateway to Enlightened Awareness.'

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IranPolitical

Iran Remains on FATF Blacklist

IranGate
1 Min Read
Iran Remains on FATF Blacklist

Iran remains on the FATF blacklist

The Financial Action Task Force (FATF) announced in a statement that countries are obliged to take special measures to keep their banking systems safe from potential involvement in money laundering and terrorist financing through transactions and banking systems of countries that are on the blacklist.

The statement further mentioned that Iran will remain on the money laundering blacklist until the completion of its action plan. Based on the group’s decision, Myanmar, alongside North Korea and Iran, has been placed on the money laundering blacklist, while Pakistan and Nicaragua have been removed from the grey list.

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Every media institution, regardless of its origin or the doctrine it embraces, heralds the dawning of a new vista — a window that illuminates hidden recesses with the radiance of insight. It symbolizes the rich tapestry of perspectives that enable us to perceive and interpret our world. At the IranGate Analytical News Agency, our commitment is unwavering: to uphold the highest standards of journalistic integrity. We recognize and value the media literacy of our audience. We don't merely acknowledge it — we champion its growth, ensuring it thrives rather than diminishes. Our guiding principle resonates through every story we present: 'IranGate: Your Gateway to Enlightened Awareness.'

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