Iranian Foreign Ministry Spokesman Seyyed Abbas Mousavi

Tehran (IP) - Iran's Foreign Ministry Spokesman described the FATF's measure to blacklist the Islamic Republic as a mere political act, saying that labeling Iran to money laundering and financing terrorism is a baseless allegation.

Iran Press/Iran news: Seyyed Abbas Mousavi on Friday in reaction to the recent decision of the FATF on Iran stated that the Islamic Republic of Iran has implemented all the laws and regulations related to money laundering and financing of terrorism for more than two years, adding that international mechanisms have advantages and disadvantages. 

"Iran was blacklisted by FATF despite all the efforts we made in the country and all the laws and regulations we tried to comply with," the official said.

The Financial Action Task Force (FATF) has placed Iran on its blacklist on Friday after European countries decided to join Washington in its ‘Maximum Pressure’ campaign against Tehran.

 

Mousavi emphasized that unfortunately, this is also part of the politicization in international mechanisms by the United States, Saudi Arabia, and the Zionist regime.

Mousavi pointed out that Saudi Arabia, as the central bank of terrorism and the Zionist regime as a terrorist state provide the most support to terrorist groups and organizations around the world, but Iran is blacklisted while has the most cooperation in this area and is extremely transparent.

The FATF's decision came after European countries decided to join the United States in its ‘Maximum Pressure’ campaign against Iran.

The US regime has already reinstated all the sanctions that were eased under the 2015 nuclear deal after it unilaterally withdrew from the agreement in 2018.

The Financial Action Task Force (FATF) is an inter-governmental body established in 1989 by the Ministers of its Member jurisdictions.

In October 2018, Iran's parliament approved four bills put forward by the government to meet standards set by the FATF. Only two of them have so far gone into effect and the fate of the two others, one on Iran’s accession to the United Nations Convention against Transnational Organized Crime and the other one a bill amending Iran’s Combating the Financing of Terrorism (CFT) law, is still in limbo.

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