ٌReviewing CFT, Palermo bill not on Expediency Council agenda this week

TEHRAN, Apr. 06 (MNA) – Expediency Council will not review the country’s accession to the two remaining FATF-related bills, namely the Palermo Bill (United Nations Convention against Transnational Organized Crime), and CFT (Combating Financing of Terrorism) during its first meeting in the new Iranian calendar year (started March 20), which is to be held on Wednesday, Seyyed Mohammad Sadr, a council member announced on Monday.

Earlier in March, Expediency Council Secretary Mohsen Rezaei said the majority of the Council’s members are against joining the UN anti-money laundering watchdog, citing the current US economic sanctions on Iran as the main reason for the opposition.

FATF has given Iran an extended June deadline to complete the reforms necessary for joining the international body.

HJ/FNA 13980119000860

News Code 143904


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