Iran - Sanctions Over Money-Laundering, Terror Financing

 United States and an international task force have threatened Iran with financial penalties, accusing it of violating international guidelines designed to block money-laundering and funding of terror groups."Iran's willful failure to address its systemic money-laundering and terrorist-financing deficiencies."Mnuchin was speaking at a meeting of the Financial Action Task Force (FATF), a 38-member global organization created to fight money-laundering, financing of militant networks, and other threats to the integrity of the international financial system.FATF had suspended measures against Iran, but it warned Tehran in February it would be subject to increased scrutiny if it failed to implement promised reforms by the end of June to prevent money-laundering and terror financing.In Orlando, FATF announced it had set a new deadline of October for Iran to comply with international guidelines or face additional sanctions."The FATF expects Iran to proceed swiftly in the reform path to ensure that it addresses all of the remaining itemsinternational waters...............

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Helpline 1090