NIAC Welcomes FATF Decision to Continue Suspension of Penalties on Iran
Washington, DC – The National Iranian American Council issued the following statement regarding today’s decision by the Financial Action Task Force (FATF) to continue the suspension of counter-measures against Iran: FATF made the right decision by recognizing the progress that Iran has made to reform its banking laws, while ensuring that Iran fulfills the terms of […]
Financial Task Force Acknowledges Iran’s Progress, Leaving Deal Opponents at Odds
On June 24, 2016, the Financial Action Task Force (FATF) acknowledged Iran’s high-level political commitment to an Action Plan and their active decision to seek technical assistance in its implementation. As a result, FATF—whose purpose is the development and promotion of policies to combat money laundering and terrorist financing—suspended its calls for counter-measures on Iran […]