U.S. Treasury Welcomes FATF’s Decision to Keep Iran on Blacklist

The U.S. Treasury Department has welcomed the decision to keep Iran on the Financial Action Task Force (FATF) blacklist due to Tehran’s continued financing of terrorism.

In its latest meeting, the FATF announced that, given Iran’s failure to implement the Palermo Agreements and its ongoing terrorist financing activities, countermeasures against the country remain in place according to FATF standards.

Following this decision, U.S. Treasury Secretary Scott Bessent issued a statement saying, “Washington welcomes the FATF’s reaffirmation of countermeasures against Iran due to the threat of terrorist financing.”