Iran will remain on the "blacklist" of the G7 Financial Task Force (FATF), 17 years after its first call for financial countermeasures. At the October 28-30 plenary session in Paris, the international watchdog again flagged major gaps in the Mullah regime's terror financing laws and renewed calls for countermeasures. The FATF sets standards against money laundering and the financing of terrorism or the proliferation of weapons of mass destruction. It does not impose sanctions. Iran, North Korea and Myanmar are on its high-risk list, but Myanmar faces enhanced screening, not countermeasures. The Molla regime's terror financing law exempts groups "trying to put an end to foreign occupation, colonialism and racism." FATF has repeatedly demanded the removal of this exception for obvious reasons - it is nothing more than an attempt to redefine terrorism to serve the geopolitical interests of the stuffed regime. This exemption provides legal cover for Iran to continue funding terrorist groups that Tehran considers "resistance", such as Hezbollah and Hamas. So how did we get Iran reaffirmed on the FATF blacklist? February 25, 2009: FATF called for effective countermeasures against Iran. November 21, 2011: The U.S. Treasury designated Iran as a jurisdiction of "major concern for money laundering" under PATRIOT Act §311, citing risks throughout its financial sector, including the central bank. June 2016: Iran committed to a reform plan, and the FATF suspended countermeasures. The plan expired in January 2018 largely unfinished. By October 2019, FATF called for tighter supervision, reporting and audits of Iranian banks. February 21, 2020: The FATF fully withdrew its call for countermeasures after Iran failed to implement the Palermo Convention and terrorist financing in accordance with FATF standards. The exemption from foreign occupation remains a central issue. May and October.

Iran will remain on the "blacklist" of the G7 Financial Task Force (FATF), 17 years after its first call for financial countermeasures. At the October 28-30 plenary session in Paris, the international watchdog again flagged major gaps in the Mullah regime's terror financing laws and renewed calls for countermeasures. The FATF sets standards against money laundering and the financing of terrorism or the proliferation of weapons of mass destruction. It does not impose sanctions. Iran, North Korea and Myanmar are on its high-risk list, but Myanmar faces enhanced screening, not countermeasures. The Molla regime's terror financing law exempts groups "trying to put an end to foreign occupation, colonialism and racism." FATF has repeatedly demanded the removal of this exception for obvious reasons - it is nothing more than an attempt to redefine terrorism to serve the geopolitical interests of the stuffed regime. This exemption provides legal cover for Iran to continue funding terrorist groups that Tehran considers "resistance", such as Hezbollah and Hamas. So how did we get Iran reaffirmed on the FATF blacklist? February 25, 2009: FATF called for effective countermeasures against Iran. November 21, 2011: The U.S. Treasury designated Iran as a jurisdiction of "major concern for money laundering" under PATRIOT Act §311, citing risks throughout its financial sector, including the central bank. June 2016: Iran committed to a reform plan, and the FATF suspended countermeasures. The plan expired in January 2018 largely unfinished. By October 2019, FATF called for tighter supervision, reporting and audits of Iranian banks. February 21, 2020: The FATF fully withdrew its call for countermeasures after Iran failed to implement the Palermo Convention and terrorist financing in accordance with FATF standards. The exemption from foreign occupation remains a central issue. May and October.