Economy, Business And Markets
0

Continued Action to Improve Iran's Situation With FATF

Continued Action to Improve the Situation With FATFContinued Action to Improve the Situation With FATF

Following the Financial Action Task Force’s latest decision, Iran’s Ministry of Economic Affairs and Finance issued a statement declaring that while it expected better results, the country will continue to take action to improve the situation.
On Friday, the intergovernmental organization in charge of setting global standards on anti-money laundering and combating the financing of terrorism announced the outcome of its plenary meeting, saying that it has decided to renew the suspension of countermeasures against Iran until its next meeting.

“Depending upon Iran’s progress in completing its action plan, the FATF will take further steps in June 2018,” it added.

Premium

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.

Add new comment

Financialtribune.com