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Non-Compliance With FATF Rules Harming Iran’s Int’l Financial Ties 

Non-Compliance With FATF Rules Harming Iran’s Int’l Financial Ties Non-Compliance With FATF Rules Harming Iran’s Int’l Financial Ties 

Not complying with standards of the Financial Action Task Force, the international anti-money laundering watchdog, has further undermined Iran’s access to international banking and financial services, the government spokesman said. 
Addressing reporters in Tehran Tuesday, Ali Rabiei said the country’s financial sector is facing numerous challenges over the non-compliance. 
He said the problems were predictable and the government had repeatedly warned about the dire consequences of being thrust on the FATF blacklist. 
Last February, the FATF lifted the suspension of counter-measures against Iran and called on its members and all jurisdictions to apply effective counter-measures against the country.

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