Palermo Bill Deferred Again

The Expediency Council for the third time Saturday refused to come up with a definite ruling on whether or not it supports Iran's accession to the UN Convention on Transnational Crime, commonly known as the Palermo bill. 
Palermo bill is one of the four government bills that seek to bring Iran's anti-money laundering and countering financing of terrorism standards in line with international norms, specifically those defined by the global body Financial Action Task Force.
Saturday's impasse is a blow to efforts by the President Hassan Rouhani to improve trade ties with the outside world and raises the stake further for Iran at this week's FATF plenary where a verdict on Iran is expected.