Key Iran council backs anti-money laundering move
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A top Iranian constitutional body has approved measures passed by parliament to bring the country more into line with global money-laundering norms, state media said on Saturday, as Tehran tries to attract investments despite the reimposition of U.S sanctions.
Iran has been trying to implement standards set by the Financial Action Task Force (FATF), a global group of government anti-money laundering (AML) and counter-financing of terrorism regimes (CFT), in the hope it will be removed from a blacklist that makes some foreign investors reluctant to deal with it.
