The Financial Action Task Force has recognized measures taken by Iran to address its deficiencies and decided to renew the suspension of countermeasures until its next meeting in a move seen by Iran as politically motivated as it expected better results.
The latest plenary meetings of the intergovernmental organization in charge of setting global standards on anti-money laundering and combating the financing of terrorism began a few days ago and it announced its outcomes on Friday, saying "depending upon Iran’s progress in completing its action plan, the FATF will take further steps in June 2018”.
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