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Weekly Roundup: Iran Asks IMF for Help in Drafting Terror Financing Law, HSBC Linked to Tax Evasion, and More
printThe Financial Action Task Force released its highly anticipated blacklist Thursday and the news wasn't good for Iran. But while the Persian country may have topped the intergovernmental group's list of countries with poor anti-money laundering controls, Iran was already making overtures to improve its standing. More On Thursday, the Iranian government asked the International Monetary Fund for technical assistance in drafting a law to combat terrorist financing, a move prompted by its inclusion on the blacklist, according to Reuters. The IMF's assistance would likely focus on training within Iranian ministries on legal issues, according to the news service. More...
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