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.
Several financial institutions in the European Union and Asia are "ring-fencing" their American employees and taking other preliminary steps to reengage with Iran months after economic sanctions were eased under a global nuclear accord.
Iran is in talks to begin working with an intergovernmental financial-crime watchdog as the country prepares for a potential rollback of international sanctions, an official with the organization said.