Iran’s international exchanges to be facilitated via FATF: MP

The head of the Parliament’s Plan and Budget Committee said that the Financial Action Task Force (FATF) facilitates the country’s banking transactions in the international arena.
Talking to IRNA, Gholamreza Tajgardoun expressed his hope that President Masoud Pezeshkian will follow up on the country’s membership in the organization as soon as possible.
“Our joining FATF will make our banking transactions easier and as a result, our traders will experience better conditions,” the lawmaker added.
Pezeshkian has said the country has no choice but to resolve disputes surrounding the FATF and the 2015 Iran nuclear deal to address Iranians’ economic woes and achieve the country’s long-term goals.
Pezeshkian made the remarks on Monday while fielding Iranian and foreign reporters’ questions during his first press conference since taking office late August.
Iran has for long been on the FATF’s blacklist for what the financial watchdog claims to be Iran’s not adhering to transparency and international conventions against money laundering and terrorism financing.
Pezeshkian said that he will certainly ask the country’s Expediency Council to reactivate the FATF case in a bid to remove sanctions on Iran and improve the people’s livelihood.
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