Nader Uskowi

  • Tehran Struggles with Terrorism Financing Bill

    During its last meeting in Paris on June 30, the Financial Action Task Force (FATF) reviewed Iran’s action plan to address deficiencies in its anti-money laundering measures and counter financing of terrorism. The intergovernmental organization—which monitors money laundering and terrorist financing on a global level—is especially concerned with exemptions Iran has made in its counter financing laws to protect proxies it regards as liberation organizations, militant groups that share Iran’s anti-US and anti-Israel ideology. Such exemptions would allow Tehran to facilitate the financing of groups like Lebanese Hezbollah.

    After much deliberation, FATF gave Iran four months—until its next plenary session in mid-October—to fully criminalize terrorism financing in line with international standards and relevant United...

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