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FATF update

August 06, 2021

President Rohani recently volunteered, “If all sanctions are lifted but the FATF issue is not resolved, we still won’t have a normal banking relationship with the world’s banks.”  Others have been warning about this for many months. But the Expediency Council has been sitting on agreements the Financial Action Task Force (FATF) says Iran must adhere to for a year without taking action.

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