Palermo Bill

MP warns against falling into ‘FATF pit’

TEHRAN, Nov. 23 (MNA) – An Iranian lawmaker, Hosseinali Haji Deligani, has warned against the adverse consequences of ratifying the FATF-related bills for the country.

FAFT extends deadline for Iran to tighten money laundering regulations

TEHRAN, Oct. 18 (MNA) – Global watchdog, Financial Action Task Force (FATF), extends suspension of anti-Iran measures until February 2020 to let the country tighten its rules against money laundering in compliance with the global watchdog’s financial standards.

Palermo bill off agenda: Expediency Council member

TEHRAN, Oct. 14 (MNA) – Informing that the expediency Council has stopped investigating Palermo bill, Member of Expediency Council (EC) Hojatoleslam Gholamreza Mesbahi Moghaddam said on Monday that “after a year of having the bill discussed in the council, since the sanctions are not lifted yet, the bill is considered rejected based on the view of the Guardian Council.”

Expediency Council sees no necessity to ratify FATF-related bills: politician

TEHRAN, Sep. 01 (MNA) – Principalist politician Mohammadreza Bahonar said that no need is felt right now among members of the Expediency Council to pass FATF-related bills, namely Palermo and CFT.

VP voices concern over FATF’s future countermeasures

TEHRAN, Jun. 23 (MNA) – Vice President for Legal Affairs Laya Joneydi voiced concern over the financial watchdog’s announcement of taking further countermeasures in the future should Iran decide not to enact the CFT and Palermo bills.

FATF decides to continue keeping Iran off the blacklist

TEHRAN, Jun. 22 (MNA) – The Financial Action Task Force (FATF) in a recent meeting decided to continue the suspension of counter-measures against Iran, noting the country’s progress of legislative, anti-money laundering efforts.

Expediency Council reviews ratification of CFT, Palermo bills

TEHRAN, Jun. 16 (MNA) – The Sun. meeting of the Expediency Council was dedicated to addressing the ratification of two controversial FATF-related treaties, namely the convention against the funding of terrorism (CFT) and the UN Palermo Convention on Transnational Organized Crime. 

Pompeo calls on Iran to ratify FATF treaties ‘without delay’

TEHRAN, Jun. 03 (MNA) – US Secretary of States Mike Pompeo has called on Iran to ratify the two controversial FATF-related treaties “without delay” and “without reservation.”

EC to give final verdict on CFT, Palermo bills by FATF deadline

TEHRAN, Jun. 01 (MNA) – The Expediency Council will give its final vote on ratifying the two remaining FATF-related bills before the body’s June deadline runs out, a member said on Friday.

EC not to ratify FATF bills after US anti-IRGC measure: senior official

TEHRAN, Apr. 15 (MNA) – A member of the Expediency Council Ayatollah Mojtahed Shabestari said that the body will not ratify FATF-related bills following Washington’s move to designate IRGC as a foreign terrorist organization.

ٌ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.

Joining FATF not to harm Iranian national interests: Zarif

TEHRAN, Mar. 19 (MNA) – The Iranian Foreign Minister Mohammad Javad Zarif believes Iran’s accession to anti-money laundering global body the Financial Action Task Force (FATF) will not cause any damage to the national interests of the country.

Rezaei:

Majority of Expediency Council members against joining FATF

TEHRAN, Mar. 18 (MNA) – Expediency Council Secretary Mohsen Rezaei says the majority of the Council’s members are against joining the Paris-based Financial Action Task Force (FATF) under the current economic sanctions.

Joining FATF ‘strategic mistake’, Iran Assembly of Experts statement warns

TEHRAN, Mar. 13 (MNA) – Iran’s Assembly of Experts has warned the legislative bodies to avoid approving the anti-money laundering FATF-related bills, calling joining the global watchdog a ‘strategic mistake.’

Expediency Council member:

Waiting for EU’s JCPOA commitments behind delays in approving FATF-related bills

TEHRAN, Mar. 02 (MNA) – The member of the Expediency Council Ayatollah Mojtahed Shabestari says that the council members postponed the decision on UNODC bill today due to its relevance to another FATF-related bill-CFT, as well as the JCPOA-related commitments of the European countries.

Europe’s behavior affects EC’s decision on FATF-related bills: Rezaie

TEHRAN, Mar. 02 (MNA) – Expediency Council Secretary Mohsen Rezaei said that behavior of European countries will influence the body’s final decision about ratifying FATF-related bills.

Palermo, CFT review postponed to next Iranian year

TEHRAN, Mar. 02 (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 till the next Iranian year (starting in March 21), a member of the council said.

Expediency Council’s session on reviewing ‘Palermo’ bill begins

TEHRAN, Mar. 02 (MNA) – The Expediency Council is holding a session Saturday to discuss the bill on the country’s accession to the UN Convention against Transnational Organized Crime, known as Palermo Convention in Iran.

EC to review CFT case after ‘Palermo’ bill

TEHRAN, Mar. 01 (MNA) – A member of the Expediency Council, Gholamreza Mesbahi Moghadam said on Fri. that the Council will mull over the Convention against the Funding of Terrorism (CFT) after determining the fate of UN Convention against Transnational Organized Crime, known as Palermo Convention in Iran.

Rezaie warns of ‘ambiguities’ in FATF guidelines

TEHRAN, Feb. 24 (MNA) – Expediency Council Secretary Mohsen Rezaei highlighted that there are many ambiguities in FATF guidelines.

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.

Expediency Council begins session on reviewing ‘Palermo’ bill

TEHRAN, Feb. 16 (MNA) – The Expediency Council is holding a session Saturday to review the bill on the country’s accession to the UN Convention against Transnational Organized Crime, known as Palermo Convention in Iran.

Expediency Council suspicious of request on endorsing CFT, Palermo: Rezaie

TEHRAN, Feb. 16 (MNA) – Expediency Council Secretary Mohsen Rezaie said that the body is suspicious of European countries’ requests for endorsing FATF-related bills in the country.

FATF may extend deadline for Iran: VP Joneydi 

TEHRAN, Feb. 13 (MNA) – Iranian Vice-President for Legal Affairs Laya Joneydi said Iran’s joining the Financial Action Task Force is not off the table yet, adding that the FATF may extend its Feb. deadline for Iran to join the body.

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).