Iran’s first action plan to combat money laundering and terrorist financing was announced
Association for Defending Victims of Terrorism - The first action plan of the Islamic Republic of Iran to combat money laundering and terrorist financing was announced by the Financial Intelligence Center.
According to ISNA, according to the announcement of the Ministry of Iranian Economic Affairs and Finance, this plan was prepared in implementation of Article 4 of the executive regulations of Article 14 of the Law on Combating Money Laundering, which states that the Islamic Republic of Iran’s action plan for the years 2024-2027 is based on the “National Risk Assessment Document”.
The action plan of the Islamic Republic of Iran was prepared by reviewing documents and guidelines from reputable international authorities, conducting comparative studies of the experiences of leading countries, existing expert resources and capacity, and applying the reform points of view of relevant agencies.
Hadi Khani, Head of the Financial Intelligence Center, pointed out in the action plan announcement the significant role of this plan in improving the reputation and credibility of the country’s monetary and financial system in domestic and international forums.
He has asked the persons subject to Articles 5 and 6 of the Anti-Money Laundering Law to take the necessary measures to effectively implement the measures within the stipulated time in accordance with the executive directive of this program and to send the report of the measures taken along with the necessary documents to the Financial Intelligence Center.
Khani also announced the launch of the “Action Plan Management and Control System” to receive reports of measures and documents and said that the action plan consists of a section titled “Action Plan Implementation Guidelines” and 16 chapters, in each chapter, the measures of the judiciary and affiliated organizations, the Ministry of Justice, the Ministries of Information, the Interior, the Ministry of Security and Cooperation, the Ministry of Labor and Social Welfare, and other organizations and trade unions to combat money laundering and terrorist financing are described in detail.
According to him, this program, considering the type of threats and damages identified and the levels of assessment of money laundering and terrorist financing risks, includes a set of tasks, duties, and measures that must be carried out to amend laws and regulations, enact new laws and regulations, effectively implement legal duties, educate, promote, and build culture, develop management and equip resources and facilities, develop internal interactions and cooperation, increase international cooperation, develop system infrastructure and intelligence, and create or strengthen statistical databases.
