The Expediency Council (EC) will continue reviewing the bill on Iran’s accession to the Palermo Convention after it could not decide on the bill in its Saturday session.

Iran Press/Iran news: After asking two special commissions to review the Palermo Convention last week, Iran's Expediency Council held another session on Saturday to discuss the convention.

According to Iran Press, Iran's Expediency Council (EC) held its session on the Palermo Convention with participation of chairman of the council Ayatollah Sadeq Amoli Larijani.

Last Saturday, members of the Expediency Council presented their ideas about the Palermo Convention, deciding to refer it to two special commissions of the council for a more thorough review of the convention.

Last week, a member of Expediency Council (EC), Gholamreza Mesbahi-Moghadam said that Council's Economic and Judicial Commission is expected to conduct a more thorough and detailed review of the bills.

The bill on Iran’s accession to the convention against the funding of terrorism (CFT) was rejected by the Guardian Council in early November due to some flaws and ambiguities inherent in the CFT bill,  deemed contrary to Iran's Constitution. The bill was then amended by the parliament (Majlis), and is now awaiting a further review by the Guardian Council.

On 5 January 2019, the Guardian Council spokesman Abbas Ali Kadkhodaie said that most of the flaws or ambiguities that led to the rejection of the bill on Iran's accession to CFT by the Council, remained unchanged, and were still problematic.

To fulfill Financial Action Task Force (FATF) requirements, Iranian President Hassan Rouhani’s administration proposed four bills to the parliament for approval, two of which are still undecided, including the Palermo Convention. They have been referred to the Expediency Council for final approval.

UN Convention against Transnational Organized Crime (known in Iran as the Palermo Convention), is a multilateral treaty adopted by the UN General Assembly resolution of 15 November 2000.

Iran recently approved anti-money laundering (AML) legislation, which was a domestically-drafted bill, and it voted to join the CFT standards set by the FATF for years. 101 / 211 / 201

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