HP-848: U.S. Treasury Department Statement on the FATF Public Statement on Iran



	To view or print the PDF content on this page, download the free Adobe® Acrobat® Reader®. February 28, 2008 HP-848 U.S. Treasury Department Statement on the FATF Public Statement on Iran Washington − The U.S. Treasury Department today issued the following statement: "The Financial Action Task Force's statement on Iran today sends a clear message to governments and financial institutions worldwide that the threat Iran poses to the international financial system continues unabated. Not only has FATF reiterated its October statement expressing concern about Iran's anti-money laundering and counter-terrorist financing deficiencies, the FATF has called upon its members to advise their financial institutions of this risk and urged all other countries to do the same." "Treasury commends FATF, as the premier standard-setting body for countering terrorist financing and money laundering, for its responsible action in response to Iran's failure to institute an anti-money laundering and counter-terrorist financing regime that meets international standards." Today's FATF statement is available at: http://www.fatf-gafi.org/dataoecd/16/26/40181037.pdf The FATF statement from October 2007 is available at: http://www.fatf-gafi.org/dataoecd/1/2/39481684.pdf The Financial Action Task Force is an inter-governmental body whose purpose is the development and promotion of policies, both at the national and international levels, to combat money laundering and terrorist financing. The thirty-four members of the FATF are: Argentina; Australia; Austria; Belgium; Brazil; Canada; China; Denmark; the European Commission; Finland; France; Germany; Greece; the Gulf Cooperation Council; Hong Kong, China; Iceland; Ireland; Italy; Japan; Luxembourg; Mexico; the Kingdom of the Netherlands; New Zealand; Norway; Portugal; the Russian Federation; Singapore; South Africa; Spain; Sweden; Switzerland; Turkey; the United Kingdom; and the United States. -30- REPORTS Today’s FATF statement is available at: The FATF statement from October 2007 is available at: