Iran to introduce new provisions to fight against terrorism financing

Almaty. May 18. Silkroadnews – In the next few days Iran’s Finance and Credit Council will discuss a new provision on the country’s financial policy to fight against money laundering and terrorism financing, head of the Central Bank of Iran (CBI) Valiollah Seif said, Trend reports.
According to the head of the CBI, a new provision on the country’s financial policy to combat money laundering and terrorism financing has been prepared and will be discussed at the council’s meeting this week.
The head of the Central Bank also expressed the hope that use of new regulations will help Iran taking advantage of the nuclear deal with the world powers reached in 2015.
The initiators of the change in Iran’s financial policy are trying to join the international Financial Action Task Force (FATF), which is a global body setting standards for fighting against money laundering and terrorist financing.