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FATF Decision Reveals Desire to Continue Cooperation

FATF Decision Reveals Desire to Continue Cooperation
FATF Decision Reveals Desire to Continue Cooperation

The recent decision by the global financial watchdog to extend the suspension of its countermeasures against Iran indicates that it seeks to avoid a deadlock with Iran, a senior Iranian official said on Saturday. 
This, according to Ali Akbar Salehi, the head of Atomic Energy Organization of Iran, shows that the watchdog does not wish to close all the doors on Iran. 
“The case will be reviewed in Iran and whatever would be in the interest of the nation will be decided,” he was quoted as saying by ISNA. 
The Financial Action Task Force, an international body that monitors money laundering and terrorism financing worldwide, has urged Iran to bring itself into line with its norms, otherwise it would be listed among non-cooperative countries, making international industries and investors reluctant to do business with the country. 

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