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Global watchdog FATF places Iran on terrorism financing blacklist

Global watchdog FATF places Iran on terrorism financing blacklist

Saturday, February 22, 2020, 10:31 PM

The global dirty-money-watchdog placed Iran on its blacklist after it failed to comply with international anti-terrorism financing norms, a move that will deepen the country's isolation from financial-markets. The decision came after more than three years of warnings from the Paris-based FATF urging the Islamic-Republic to either enact terrorist financing conventions or see its reprieve from the blacklist lifted and some counter-measures imposed.
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