Feb 24 Trump Administration Pressures Global Financial Watchdog to ‘Blacklist’ Iran

Esfandyar Batmanghelidj

Economy

The Financial Action Task Force (FATF), a global body that sets standards to combat money laundering and terrorist finance, has placed Iran back on its infamous “blacklist,” following the failure of Iranian policymakers to enact two key bills in accordance with an action plan set in 2016.

Apr 30

Apr 30 Iran’s Currency Crisis Spurs Action in Financial Reform Efforts

Navid Kalhor

Economy

◢ Forced to respond by Iran’s recent currency crisis, the Central Bank of Iran is approaching regulatory reform in the financial sector with new energy. A critical deadline to meet standards set by the Financial Action Task Force is forthcoming in June. Iran needs to demonstrate progress in tackling financial crime estimated to include at least USD 27 billion in transactions annually.