UANI Statement on Financial Action Task Force Decision Regarding Iran

New York, NY - United Against Nuclear Iran (UANI) President David Ibsen released the following statement regarding the Financial Action Task Force (FATF) decision to continue to suspend counter-measures and keep Iran on the grey list of countries at the Joint Plenary meetings in Paris last week:

"The FATF's decision to keep Iran on the grey list highlights the fact that the regime in Tehran continues to fail to take adequate measures to counteract money laundering and terrorist financing. Given the Trump Administration's decision to withdraw from the Joint Comprehensive Plan of Action (JCPOA), businesses in the United States will soon no longer be able to engage with Iran; however, the FATF decision last week should also deter businesses around the globe from engaging with the world's leading state sponsor of terrorism. Rather than moderating its behavior and becoming a nation worthy of foreign investment since the adoption of the JCPOA, the Iranian regime continues to fund terrorist proxies, fomenting violence and instability throughout the Middle East.

"As the United States assumes the FATF presidency effective July 1, the FATF should reimpose effective countermeasures on Iran as Tehran, through words and deeds, has demonstrated it has no intention of adhering to the FATF's action plan."

During the FATF Joint Plenary meetings in Paris last week, UANI urged the FATF in The New York Times to blacklist Iran.