Tehran (IP) - Iranian Minister of Finance and Economic Affairs, on the sidelines of the cabinet meeting on Wednesday expressed hope that the review of the Financial Action Task Force (FATF) in the Expediency Council would be successful.

Iran Press/Iran News: Farhad Dejpsand, Iranian Minister of Finance and Economic Affairs, in response to a question raised by Iran Press News Agency about the importance of reviewing FATF in the Expediency Council and its effect on Iran's financial and banking transactions, said, "Fortunately, the task of reviewing FATF in the Council has begun."

Financial Action Task Force was established in 1989 to deal with money laundering across the world.

The Financial Action Task Force (FATF) blacklisted Iran recently for what it called failure to comply with international norms against financing of terrorism. Iran has considered the decision, as a politically motivated decision carried out at the behest of Iran's enemies.

The Minister of Economy and Finance of Iran expressed his hope that with the final review of the FATF in the Expediency Council, its approval will have a positive impact on Iran's banking and financial transactions.

Dejpsand's remarks came on the sidelines of cabinet meeting held on Wednesday morning. 101

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