By The Free Iranian Staff
On Thursday, U.S. Secretary of State Mike Pompeo delivered a statement saying that if Tehran’s authorities were serious about fighting money laundering and financing terrorism, they would have authorized and passed laws to align Iran with international standards.
In 2017 the Paris-based international watchdog Financial Action Task Force (FATF) which has put Iran on its blacklist, pending legal reforms by Tehran, issued a statement demanding Iran correct its legal structure and banking standards by following international conventions so that it could qualify for an open global international banking relations.
The Khomeinist regime however has continued to persist in deferring legislation for more than a year, delaying the reforms in early 2019. Key authorities allied to the Supreme Leader and the heads of the IRGC have delayed the enactment of the required resolution, which the Islamic parliament (Majles) already passed.
The FATF has given a new deadline to Iran for November.
On Friday the Secretary of State tweeted: “If #Iran were serious about combatting terror and adhering to global anti-money laundering and terrorism financing standards…, it would ratify the #PalermoConvention and the Terrorist Financing Convention immediately.”
If #Iran were serious about combatting terror financing and adhering to global anti-money laundering and terrorism financing standards (#AMLCFT), it would ratify the #PalermoConvention and the Terrorist Financing Convention immediately.
— Secretary Pompeo (@SecPompeo) October 11, 2019