Market
Outcome of Iran's review of the CFT Convention by December 31, 2025
2
Iran•Ayatollah Ali Khamenei•Financial Action Task Force•FATF•Palermo•Expediency Council•Economic Affairs and Finance•Abdolnaser Hemmati•Masoud Pezeshkian•CFT•Guardian Council
Resolution / Starting Odds
Approved • 25%
Rejected • 25%
No decision • 25%
Postponed • 25%
Official announcements from the Iranian government or credible news outlets
Story
Iran's Supreme Leader Approves Review of Palermo, CFT Conventions by Expediency Council
Dec 31, 2024, 08:30 AM
Iran's Supreme Leader Ayatollah Ali Khamenei has agreed to the renewed discussion of two key Financial Action Task Force (FATF) conventions—Palermo and Combating the Financing of Terrorism (CFT)—within the Expediency Council. This decision was conveyed by Iran's Minister of Economic Affairs and Finance, Abdolnaser Hemmati, who stated that he heard the news from President Masoud Pezeshkian on December 31, 2024. The Palermo and CFT conventions, which aim to combat transnational organized crime and terrorism financing, were previously approved by Iran's parliament but faced objections from the Guardian Council. These conventions have been stalled in the Expediency Council since 2019. Iran remains on the FATF's blacklist since 2020, which has restricted its financial and banking relations internationally. The government has expressed its commitment to resolving the issue, citing potential benefits such as easing financial restrictions and countering efforts to isolate Iran's financial system.
View original story
Similar markets
Partial compliance • 25%
Compliance with FATF standards • 25%
Political reasons • 25%
Non-compliance • 25%
No decision • 25%
Rejected • 25%
Approved • 25%
Sent back for revisions • 25%
Non-compliant • 25%
Review postponed • 25%
Partially compliant • 25%
Compliant • 25%
Other • 25%
Informal statement issued • 25%
Formal resolution passed • 25%
No action taken • 25%
No decision • 25%
Rejected • 25%
Approved • 25%
Sent back for revisions • 25%
Full Compliance • 25%
Partial Compliance • 25%
Non-Compliance • 25%
Sanctions Reinstated • 25%
Neutral • 25%
Collaborative • 25%
Confrontational • 25%
Other Approach • 25%
Waiver Revoked • 25%
No Agreement • 25%
Waiver Modified • 25%
Waiver Maintained • 25%
Talks Continue Without Agreement • 25%
Talks Break Down • 25%
Other Outcome • 25%
New Agreement Reached • 25%
Convicted • 25%
Acquitted • 25%
Plea deal • 25%
Mistrial • 25%