World  Business and Economic Analysis 

Read more ...

 

Iranian Finance and Economic Affairs Minister Farhad Dejpasand said on Monday that Iran has taken very effective and practical measures for countering money laundering and cooperation with Financial Action Task Force (FATF).

Dejpasand made the remarks in a meeting with ambassadors and representatives of some Asian and European countries in Tehran, IRNA reported.

Iran’s high council for the prevention of money laundering and terrorism financing convenes regularly under the chairmanship of the economy minister and many government agencies are members of this council, according to Dejpasand.

The official stated that the country’s anti-money laundering code has been passed by the government and is currently being implemented.

“The code is in complete compliance with international standards and it also fully covers the country's needs,” he stressed.

Back in October, spokesman for the Iranian government Ali Rabiei had announced that the government was planning to form specialized anti-money laundering working groups to intensify the country’s campaign against financing terrorism.

“The entire executive bodies, including Interior Ministry, Trade Ministry, Foreign Ministry, Justice Ministry, Police, Iran Custom Administration, Central Bank of Iran (CBI) and intelligence and security bodies are duty bounded to prepare required information and data for the specialized working groups,” Rabiei stated.  

Later that month, Central Bank of Iran also obliged all the country’s banks and credit institutions to establish anti-money laundering units.

At the beginning of the current year, the Expediency Council gave approval to an anti-money laundering bill seen as crucial to maintaining international trade and banking ties.

The bill on amending the law to counter money laundering was approved with certain changes and sent to the Majlis speaker to be communicated to the government.
The Expediency Council settles disputes between parliament, which approved the bill last year, and the Guardian Council, which vets all legislation and had rejected it.

 

 

Read more ...

Invitation for consultancy
World Business Year and Investment &Finance consultancy services for private companies interested to have cooperation with Entrepreneur, Investor, and Project Owner for following sectors:
-City  Advisor for development
-Renewable Energy and solar projects  
_Hypermarket
_International Remittance
Our client is ready to do project based on BOT and other contractual agreement.
Please send us your proposal to This email address is being protected from spambots. You need JavaScript enabled to view it.

Source:Global Finance Magazine

کتاب عملیات بانکی در عرصه بین الملل -سرفصل ها،ضمائم ،توصیه صاحب‏نظران ارزی و مدیران ارشد بانکی

Investment Consulting &Project Finance

Newsletter

Sign up for our newsletter