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The Financial Action Task Force has renewed a single "countermeasure" against Iran and threatened to re-impose others if the country does not fully implement global standards against money laundering and terrorist financing by October. Iran has technically been subject to FATF countermeasures since February 2008, when the intergovernmental group instructed nations to require enhanced due diligence on transactions involving Iranian financial institutions, limit their correspondent accounts and bar them from opening new branches overseas. The group suspended those measures in June 2016 amid Iran's plan to upgrade its controls against financial crime. The country has made limited reforms without fully...