Iran Press/Iran: Abbas Ali Kadkhodaei, the Guardian Council spokesman announced via twitter that the oversight body considered the amendment to the Anti-Money Laundering law is in contravention with the country’s Constitution and Sharia law.
Majlis (Iran's parliment) has amended the anti-money laundering law in line with moves to combat the financing of terrorism, Majlis Speaker Ali Larijani has announced.
According to the amendment, threatening or taking violent actions which cause physical harms and also taking hostages and endangering the people’s lives intending to affect the decisions of the government and/or the international bodies are considered terrorist move, ISNA reported on Friday.
Financial support for terrorism is punishable by seizure of the money and properties and 2 to 5 years imprisonment.
Iran Guardian Council deems amendment to the Anti-Money Laundering law
The financial supporter will also face 2-5 times more than the amount of provided support in fines.
Iran’s Guardian Council ratified a bill that amendments to the existing Law Combating Financing of Terrorism, on August 11.
Iranian lawmakers on May 8, passed amendment bills to the existing Law of Anti-Money Laundering and Law of Combating Financing of Terrorism.
Related:
