Iran FATF-Related Legislation Rejected By Expediency Council
(Payvand Iran News)

A member of Iran`s Expediency Council on Wednesday said the Council`s deadline for endorsing the CFT (Combating the Financing of Terrorism) bill has ended and the bill should be considered as rejected. The endorsement and finalization of the bill would allow Iran to join the UN conventions against money laundering and funding terrorism. The Financial Action Task Force (FATF) has threatened to put Iran on its reactivate counter-measures it had earlier suspended unless Iran finalizes relevant legislation before February. -Radio Farda