Hamid Baeidinejad, Iranian ambassador to London, warned that if Iran cannot come to a satisfactory conclusion on the bills proposed by the Financial Action Task Force (FATF), the country may inadvertently self-impose sanctions its banking and monetary system.
“In the last FATF’s plenary session held in Paris, the US, Israel, Saudi Arabia and Argentina made a lot of efforts to return Iran to the blacklist,” said Baeidinejad.
“Fortunately, the countries that have amicable ties with Iran countered the efforts of these four states and the session concluded with a three-month deadline to Iran so that the country could come to a final conclusion,” the Iranian envoy added.
Baeidinejad further voiced hope that expert discussions on Iran’s accession to FATF bills would arrive at a moderate and satisfactory decision that could allow the country’s financial and banking system to enjoy all benefits existing at the global arena.
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