RFERL:

On Saturday, Iran’s Expediency Discernment Council (EDC) once again postponed decision on endorsing or rejecting two financial bills demanded by an international watchdog and important for Iran’s banking and international trade.

Parliament has approved the bills but a body overseeing all legislation has rejected them, referring the bills to EDC for a final ruling.

The deadline set by the Financial Action Task Force (FATF) for Tehran to join international conventions against money laundering and financing terrorism is early next week, as the financial watchdog based in Paris is set to start its five-day meeting on Sunday, February 17.

For more than a year Iran’s conservatives have created hurdles and delays for the adoption of the bills.

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