The Iranian parliament on 7 October voted narrowly in favor of joining the convention on Combating the Financing of Terrorism (CFT), a part of the Iran Action Plan required by the Financial Action Task Force (FATF), the Paris -based global anti-money laundering body which sets international standards.
Iran’s government sees the bill as an essential way to assist EU states, Russia and China to continue doing business with it following the US withdrawal from the nuclear accords in May. But with critics slamming the bill as surrendering to outside forces, passage past the Guardian Council is not assured. (CONTINUED - 777 WORDS)
