Money Laundering

Iran rejects as "baseless" Bahraini court's allegations

TEHRAN, Aug. 01 (MNA) – Iranian foreign ministry spokesman rejected as "baseless", "distorted", and "politically motivated" the allegations against the Iranian central bank and some other banks recently made by a Bahraini court.

Economic convict, corruptor extradited from Europe: Judiciary

TEHRAN, Oct. 14 (MNA) – Following the notification of Judiciary Chief and for the first time, a major economic convict was extradited to the country from Europe.

Iran govt. says blacklisting Tehran by FATF politically charged

TEHRAN, Feb. 26 (MNA) – Iranian government has criticized the decision by the Financial Action Task Force (FATF) to blacklist Iran, saying the measure has been influenced by political motivations.

Russia informs Iran of its views about FATF

TEHRAN, Dec. 28 (MNA) – According to informed sources in Tehran, in a meeting with one of Iranian FM deputies, Russia’ envoy has submitted an informal message including his country’s views on Iran’s measures about joining FATF and its cooperation with the international watchdog.

Passive defense chief warns against joining anti-money laundering watchdog

TEHRAN, May 22 (MNA) – Head of Iran's Passive Defense Organization Brigadier General Gholamreza Jalali has warned against joining the anti-money laundering body FATF, describing it as part of the financial and monetary conspiracy.

Deutsche Bank employees suspect crime on Trump, Kushner transactions

TEHRAN, May 20 (MNA) – Former and current employees of Germany’s Deutsche Bank investigating money laundering in 2016 and 2017 found suspicious financial activity involving US President Donald Trump and his son-in-law Jared Kushner, according to a new report by the New York Times.

Joining FATF not to help decrease currency rate: MP

TEHRAN, Apr. 19 (MNA) – A member the Iranian Parliament said joining the Financial Action Task Force (FATF) cannot lower the price of the foreign currency, noting that currency market fluctuations are 'more domestic'.

Iran central bank welcomes FATF’s extended deadline to complete reforms

TEHRAN, Feb. 22 (MNA) – Hours after the anti-money laundering body FATF extended the deadline for Iran until June 2019 to complete reforms, the Central Bank of Iran issued a statement welcoming the move.

FATF extends deadline for Iran to June

TEHRAN, Feb. 22 (MNA) – The global watchdog FATF has welcomed Iran's measures to strengthen its anti-money laundering legislation, giving the country an extended June deadline to complete the reforms.

Guardian Council spokesman:

Iran Expediency Council likely to approve CFT, Palermo bills

TEHRAN, Feb. 19 (MNA) – The Guardian Council Spokesman Abbasali Kadkhodaei says that Palermo and CFT bills, which have already gained the approval of Iranian Parliament but have been rejected by Guardian Council, will also be approved by the mediating body Expediency Council.

Session on Palermo bill fate ends without conclusion

TEHRAN, Feb. 16 (MNA) – The Expediency Council’s Saturday meeting on joining the UN Convention on Transnational Crime (Palermo bill) ended without conclusion, leaving the fate of the bill unknown for at least two more weeks, a member of the council said.

University students, clerics to protest against joining FATF

TEHRAN, Feb. 13 (MNA) – University students and Clerics across Iran are planning to arrange a sit-in this afternoon to protest against approving the bills defined by the Financial Action Task Force (FATF).

Rouhani forwards act of amendment to anti-money laundering law

TEHRAN, Jan. 27 (MNA) – President Hassan Rouhani has forwarded the Act of Amendment to the Law of Anti Money Laundering to the Ministry of Economy and the judiciary.

Expediency Council leaves decision on Palermo bill to next session

TEHRAN, Jan. 26 (MNA) – The Expediency Council’s Saturday meeting on joining the UN Convention on Transnational Crime (Palermo bill) ended without conclusion, leaving the final decision to the next session.

By: Haniyeh Sadat Jafariyeh

Getting around sanctions with crypto-rial

TEHRAN, Jan. 19 (MNA) – In April 2018, the Central Bank of Iran banned domestic banks and people from dealing in foreign cryptocurrency because of money laundering and financing risks.

Senior cleric:

FATF, a tool for US to extend sanctions against Iran

TEHRAN, Jan. 18 (MNA) – Tehran Provisional Friday Prayers Leader Ayatollah Mohammad Ali Movahhedi Kermani said the Financial Action Task Force (FATF) is only a means for the United States to extend sanctions against Iran and exercise its economic hegemony over other countries.

Iran passes amendment bill on combating money laundering

TEHRAN, Jan. 05 (MNA) – The Expediency Council has passed the final verdict on the amendment bill on combating money laundering, endorsing the FATF-related bill on Saturday.

Senior MP:

Expediency Council to give final say on anti-money laundering, CFT bills

TEHRAN, Dec. 31 (MNA) – A senior Parliament Member said Sun. that the Expediency Council will give the final say on the two FATF-related bills on combating money laundering and Iran’s accession to the convention against the funding of terrorism (CFT).

Parl. National Security Commission opposes suing FM Zarif in court

TEHRAN, Dec. 15 (MNA) – The spokesman of Iran's Parliament National Security and Foreign Policy Commission said Sun. the members of the Commission are opposed to take the Foreign Minister Zarif’s case to the Judiciary for his claims on massive money laundering operations by some institutions.

Expediency Council to decide on CFT based on national interest: Rezaei

TEHRAN, Dec. 15 (MNA) – The Secretary of Iran's Expediency Council Mohsen Rezaei said that the council will certainly decide on the bill on Iran’s accession to the convention against the funding of terrorism (CFT) based on national and revolution’s interests.

VP:

Combating money laundering needs improving domestic financial system first

TEHRAN, Dec. 09 (MNA) – Laya Joneydi Vice President for Legal Affairs said that laws of Confronting Money Laundering and Terrorist Financing help country improve its financial, monetary and banking system particularly.

EC Economic Commission reviews anti-money laundering bill

TEHRAN, Dec. 08 (MNA) – A member of Expediency Council (EC) Hojjatoleslam Gholamreza Mesbahi Moghadam said that the amendment anti-money laundering bill was reviewed in today’s session of Council's Economic Commission.

Parliament drops Zarif's impeachment

TEHRAN, Dec. 05 (MNA) – A member of Parliament's National Security and Foreign Policy Committee said Wednesday that the proposal on bringing impeachment proceedings against Iran’s Foreign Minister Mohammad Javad Zarif have been cancelled.

Joining FATF needed to have banking ties with world: President Rouhani

TEHRAN, Dec. 04 (MNA) – Iranian President Hassan Rouhani has stressed the necessity of joining anti-money laundering FATF, saying that implementing the FATF standards, whether they are good or bad, provides the needed infrastructure for continuing financial communication with global banks.

Iranian Parliament to examine solutions to CFT flaws

TEHRAN, Nov. 24 (MNA) – A member of Iranian Parliament' National Security and Foreign Policy Commission said Sat. that a working group will be formed to find solutions to the flaws with the FATF-related CFT bill that were raised by oversight body Guardian Council.

At cabinet session;

Rouhani urges prevention of corruption, money laundering

TEHRAN, Nov. 21 (MNA) – Stating that Iranians are revolutionary, standing by each other in a great country, President Rouhani said, “we are a big family and it is natural to have problems. We should be proud of fighting corruption step by step."

Parl. to review Zarif remarks on money laundering

TEHRAN, Nov. 14 (MNA) – An Iranian lawmaker said Wed. the Parliament will review the recent remarks by Foreign Minister Mohammad Javad Zarif on money laundering during the next session.

Parl. National Security Commission to mull over CFT

TEHRAN, Nov. 04 (MNA) – Countering the Financing of Terrorism (CFT) will be studied in the Parliament.