Iran: The FATF dead-end continues
For the regime ruling Iran, there’s no escaping from the FATF crisis The bills related to the Financial Action Task Force (FATF) are still under review in Iran’s Expediency Discernment Council and proponents from both factions, as much as the opponents, are dragging the council to abide by their political position. Amid this fiasco, most evident is the fact that the Iranian regime Supreme Leader Ali Khamenei lacks both the power and authority to make a decision and accept the consequences and responsibility that come with it. On April 23, Keyhan newspaper, known as Khamenei’s semi-official mouthpiece, published an article titled, “The Expediency Discernment Council’s procrastination in disapproving the FATF is not expedient,” accusing the council members of leaving the Palermo and CFT bills in limbo. “After the FATF, in its recent statement, suspended Iran again from its blacklist for a period of four months, proponents of the FATF asked for this bills to be...