Baku 19° C
Iran enters FATF Blacklist
Finance
- 22 February, 2020
- 07:02
Add Report.az to preferred Google sources
Stay up to date with the top news!
The Financial Action Task Force, the global anti-money laundering watchdog on Friday, put Iran on its blacklist after Tehran failed to comply with international anti-terrorism funding norms.
The action came after Iran failed to meet the deadline set by the watchdog at FATF’s last meeting in October to comply with standards fully.
According to the organization, Iran will remain on the FATF statement on [High-Risk Jurisdictions Subject to a Call for Action] until the full Action Plan has been completed.
The G7 (the United States, Japan, Germany, France, Great Britain, Italy, and Canada) created the FATF in 1989 to tackle money laundering.
Author
Latest News
18:51
Ilham Aliyev sends congratulations to Bulgaria's president-elect
Foreign policy
18:43
US Assistant Secretary Paul Kapur visits Turkmenistan
Other countries
18:13
Norway allocates $107.6 million for investment in Ukraine
Other countries
18:09
Zelenskyy: Abu Dhabi talks could pave the way for Ukraine-US-Russia summit
Other countries
18:05
Photo
Azerbaijani, Turkmen trade unions discuss closer cooperation
Domestic policy
17:56
Photo
Bucharest hosts reception marking Azerbaijan's Victory Day
Foreign policy
17:55
Azerbaijan–Italy trade grows in January–September
Business
17:55
Trump: I agreed with Netanyahu to stop $4B in aid to Israel
Other countries
17:53
Von der Leyen: Hormuz closure cost Europe €127B
Other countries