
Iran Focus
London, 02 Mar – Earlier this week, the Financial Action Task Force met in Paris. One of the items on the agenda was to discuss whether Iran’s banking system is clean. The Financial Action Task Force (FATF) is the global standard setting body for anti-money laundering and combating the financing of terrorism (AML/CFT).
For more than two decades, the United States Treasury Department has attempted to trace how banks in Iran are being used by the Islamic Revolutionary Guard Corps (IRGC) to fund militias and terror groups.
The FATF called on Iran to address the “remaining action items” in full.


