The Iranian parliament has passed a bill on combating the financing of terrorism as part of the country’s implementation of international standards set by the Financial Action Task Force (FATF).
The combating the financing of terrorism (CFT) bill, one of four put forward by the government to meet FATF demands, was passed on Sunday by 143 votes to 120, according to the ISNA news agency.
To become law, however, Iran’s oversight Guardian Council should vet the bill for compliance with the Constitution.
Back in June, the Paris-based FATF gave Iran until October to implement its standards in order to remove Tehran from investment blacklists. The group also warned Tehran of “appropriate and necessary actions” if it does not enact amendments in full compliance with its standards.