Iran’s Regime Placed on the FATF Blacklist

Financial Action Task Force – FATF
Written by Mohammad Sadat Khansari.

The Paris-based Financial Action Task Force (FATF) placed the Iranian regime on its blacklist on Friday, after the regime “failed to comply with international anti-terrorism financing norms.”

This development is simultaneous with the Iranian regime’s sham parliamentary elections and its absolute failure in having a minimum turnout following a general boycott of the polls. In addition, it comes a day after the United States slapped new sanctions of five members of the regime’s Guardian Council and its elections supervision committee.

NCRI-FAC

@iran_policy
#FATF Blacklisting of the #Iranian Regime a Crushing Blow to the Mullahs, Indispensable to Combating Terrorism and Warmongering Worldwide https://www.ncr-iran.org/en/ncri-statements/president-elect/27435-fatf-blacklisting-of-the-iranian-regime-a-crushing-blow-to-the-mullahs-indispensable-to-combating-terrorism-and-warmongering-worldwide …#MyVoteRegimeChange #FreeIran2020#IranRegimeChange

FATF Blacklisting of the Iranian Regime a Crushing Blow to the Mullahs, Indispensable to Combating…
Statements by NCRI’s President-elect

ncr-iran.org
11
17:59 – 21 Feb 2020
Twitter Ads information and privacy
See NCRI-FAC’s other Tweets
“The decision comes after more than three years of warnings from the Paris-based Financial Action Task Force (FATF) urging Tehran to enact terrorist financing conventions,” Reuters reported.

According to Reuters, this decision means “more scrutiny of transactions with Iran, tougher external auditing of financing firms operating in the country and add pressure on the few banks and businesses still operating with Iran.”

The FATF, which oversees the security of the global financial system and sets banking transaction standards, had given the Iranian regime until February to finalize the laws that will allow the country to join the Palermo and Counter Financing Terrorism (CFT) conventions against funding terrorism and money laundering.

The Secretariat of the National Council of Resistance of Iran (NCRI) released a statement in this regard.

“Mrs. Maryam Rajavi, the President-elect of the National Council of Resistance of Iran (NCRI), said: Backlisting the clerical regime is indispensable to combatting terrorism and warmongering in the Middle East and across the globe. She added: The mullahs consciously and deliberately violated Palermo and CFT and refused to accept FATF in a bid to continue to finance terrorism and belligerence and circumvent the sanctions, “reads the NCRI statement adding:

“The NCRI President-elect underscored that terrorism and warmongering are indispensable to this regime and critical to its survival. It will never abandon financing terrorism and money laundering. Nor will it never submit to financial transparency. Trade with this regime does not serve the interests of the Iranian people and only provides fuel to the mullahs’ machinery of suppression and terrorism.”

Maryam Rajavi

@Maryam_Rajavi
#FATF blacklisting of the Iranian regime, a crushing blow to the mullahs and indispensable to combating terrorism and warmongering worldwide #Iranhttps://www.maryam-rajavi.com/en/item/maryam-rajavi-fatf-blacklist-mullahs-terrorism-war-middle-east-world …

View image on Twitter
98
17:19 – 21 Feb 2020
Twitter Ads information and privacy
102 people are talking about this

Maryam Rajavi

@Maryam_Rajavi
Replying to @Maryam_Rajavi
Mullahs consciously and deliberately violated Palermo and CFT, rejected #FATF to finance terrorism, warmongering, and circumvent sanctions #Iran

81
17:19 – 21 Feb 2020
Twitter Ads information and privacy
79 people are talking about this
On the one hand, the regime is in dire need of foreign trade and financial channels as the noose of international sanctions tightens around its neck. Many of its trade partners, including European states, have predicated the establishment of new financial and trade channels on the passing of the FATF laws. But on the other hand, becoming compliant with FATF rules would expose many of Tehran’s illicit activities, including the funding of terrorist and fundamentalist groups in the Middle East and across the world.

The regime’s most significant problem with adopting the CFT is the obstacles that CFT imposes on the clerical regime in its support of terrorist groups. The regime describes its proxy terrorist groups as “Islamic Resistance,” and it needs their presence to preserve its so-called “national authority,” or rather the regime’s security.

On January 11, Siroos Borna, a member of the regime’s parliament, in an interview with the state-run Iranian Diplomacy news agency stated that the reason for the regime adopting FATF is to avoid stopping its funding of “the groups that they [western governments] consider to be terrorists.”

Referring to the Revolutionary Guards (IRGC) Quds Force, as the regime’s military lever abroad to continue its policies via export of terrorism, Borna said: “One of our major obstacles in adopting the CFT is that if we do so, we should immediately stop funding the Quds Force…… this is tantamount to self-sanctioning.”

Back to top button
Close
Close