Saed News: The Iranian delegation sent to the 42nd plenary meeting of the Eurasian Group on Combating Money Laundering and Financing of Terrorism (EAG) in Moscow is holding talks to facilitate and accelerate the process of normalizing Iran’s case with the FATF.
According to a report by Saed News, quoting ISNA, Hadi Khani — Secretary of the High Council for the Prevention and Combating of Money Laundering and Terrorist Financing — and his accompanying delegation, immediately upon arrival in Moscow, held a joint meeting with Yury Chikhanchin, Deputy President of Russia and Head of the Eurasian Group on Combating Money Laundering and Terrorist Financing (EAG), along with his deputies and officials from the organization. They discussed strategies to facilitate and accelerate the normalization of Iran’s case with the FATF following the approval of the Palermo Convention bill.
According to the Ministry of Economic Affairs and Finance, both sides emphasized activating the capacities of member states to build consensus at the FATF meetings and to define technical and educational cooperation with Iran in suspending countermeasures and removing the country from the Financial Action Task Force’s blacklist.
It was agreed at the meeting that, under the leadership of the EAG, intensive meetings with certain FATF member countries should be organized urgently to lay the groundwork for defending Iran’s actions at the FATF’s main sessions. If necessary, targeted countries will be invited to visit Iran’s permanent exhibition on combating money laundering and terrorist financing to further persuade and align influential states.
The Secretariat of the EAG — one of the nine regional FATF-style bodies worldwide — recently published a statement on its official website, supporting the approval of the Palermo bill by Iran’s Expediency Discernment Council and stressing the importance of approving the CFT bill as the next crucial step in the process of normalizing Iran’s status with the FATF.
