Financial institutions in Iran have recently sought guidance from anti-money laundering consultants and attorneys in the United States amid a broader push by the Islamic Republic to reengage with the global banking system.
A global anti-money laundering watchdog on Friday temporarily suspended its call for countermeasures against Iran while keeping the nation on its blacklist of high-risk jurisdictions.
A regional affiliate of the Financial Action Task Force has granted observer status to Iran following the nations adoption earlier this year of a law meant to prevent the funding of terrorism.