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Reading Into FATF’s Iran Decision

Finance Desk
FATF decided for a third time to suspend its countermeasures against Iran.FATF decided for a third time to suspend its countermeasures against Iran.

The Financial Action Task Force finally issued a public statement about Iran on Friday, ending months-long speculations about the fate of a country it has kept on it blacklist for almost a decade.  
The statement is ambivalent in tone, which neither fulfills Iran’s best hope of quitting the blacklist nor does it justify the worst fears envisioned  by archrivals like the US of bringing back countermeasures suspended since 2016. 
The Paris-based body, which acts as the world’s financial watchdog decided for a third time to suspend its countermeasures against Iran gradually and steadily implementing an action plan devised by the body in 2016. 

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