The Financial Action Task (FATF) has extended suspension of black listing Iran for another 4 months.

Being established for combating money laundering, terrorist financing and other related threats to the integrity of the international financial system, The Financial Action Task Force on money laundering (FATF) has recently announced It will extend suspension of  Iran's black listing for another 4 months.

The group which serves as one of the monitoring bodies ,inspecting Iran's financial tasks after JCPOA was signed, has reportedly said since Iran has submitted the draft of the legislation aimed at fighting against money laundering to Majlis (Iranian Parliament) it would be waiting for the consequences, while every measure on the Iranian side will be closely watched and controlled.

The Financial Action Task Force on money laundering (FATF) has examined Iran's performance in the field and expressed its satisfaction with the Islamic Republic's measures, it was announced on Tuesday.