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Tehran greenlights conditional entry into FATF’s CFT convention
Mohsen Dehnavi announced on social media platform X that, after four full sessions and joint committee meetings, the council approved Iran’s conditional accession to the CFT in Wednesday’s session, IRNA reported. The ratification is a key step toward improving Iran’s position with the Financial Action Task Force (FATF) as accession to the CFT remains the final requirement for the country’s membership in the taskforce. Expert reviews of the conventions had already been completed, leaving only the final session and vote. The council said the meeting was attended by the heads of Iran’s three branches of government, some members of the Guardian Council, and the ministers of economy and foreign affairs.
The majority of council members voted in favor of an amendment to Parliament’s proposed terms, granting conditional approval for Iran to accede to the convention.