FATF's Impartiality Test
Business And Markets
Wednesday, June 20, 2018

FATF's Impartiality Test

AML/CFT Expert

The deadline of the 18-month action plan prepared by the Financial Action Task Force for Iran ended in February 2018 and was extended for four months, in view of Iran's initiatives and fulfillment of commitments.

The extension was reflected by vested groups as an exceptional move. However, a quick glance at the names of countries which are listed or have managed to get delisted from FATF's list from 2016 to 2018 on FATF's website indicates that this has been a common procedure to help countries fulfill their commitments.

Some of these countries are as follows: (for some of these countries the reason is said to be the security situation; which apparently would not have been applied if Iran was in their position; the dates in parentheses indicate the time these countries made their political commitment.)


Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Short URL : https://goo.gl/TZhfKT
  1. https://goo.gl/y2qVYU
  • https://goo.gl/r7zbJ9
  • https://goo.gl/NygK7b
  • https://goo.gl/3gCWTF
  • https://goo.gl/ge8cax

You can also read ...

Mindful of the risks inherent in starting a trade war with the US, the EU will probably not be able to provide Tehran with extensive support.
If it wants to keep the nuclear deal alive, the EU will need...
Travel Currency Policy Facing Revision
Confirming rumors of an imminent change in the Central Bank of...
Iranian Parliament Firm on Preventing FATF Blacklisting
Majlis Economic Commission, a major force in Iran's Parliament...
Command Economy Taking Biggest Toll on Stocks
Bulls at Tehran stock market are exhausted, as bears keep...
Secondary Forex Market Rates to Soar
The supply of currency to the Secondary Forex Market will...
TSE Benchmark Rises 0.48% in Saturday Trading
Tehran Stock Exchange’s main index gained 518.92 points or 0....
SSO to Insure Employees of Online Firms
An initiative by the Social Security Organization to extend...

Add new comment