Iran not in situation to disapprove CFT bill: MP

Business Materials 6 November 2018 20:57 (UTC +04:00)

Tehran, Iran, Nov. 6


Iran is not in a situation to disapprove the Combating the Financing of Terrorism (CFT) bill, but if it does, the country would have helped Trump to apply more pressure on Iranians, an Iranian MP told Trend.

"Now we should see the Guardian Council's considerations on the bill to rectify the issues that need to be corrected and eliminate the issues that need to be removed, but ultimately the FATF issue will remain strong. We should not enter domestic quarrels, because we have no time and all efforts are to approve these bills in the shortest time,” he added.

"I believe with management of Speaker of the Parliament Ali Larijani and his interactions with the Guardian Council the bill will be finalized and approved," he noted.

Iran’s Parliament ratified the bill in early October as part of efforts to oblige the Financial Action Task Force (FATF) to remove the country from its blacklist, and submitted it to the Guardian Council for further consideration.

The Council rejected the bill on November 4, on the basis of found faults in it, which, according to its spokesman Abbasali Kadkhodaei, were either ambiguous or ran counter to the country’s Shari'ah and the constitutional law.