President Masoud Pezeshkian ratified Iran’s CFT accession, advancing the country’s fight against terrorism financing. This CFT accession demonstrates Tehran’s commitment to international standards and financial transparency. Officials highlight that the measure strengthens Iran’s legal and economic defenses against illicit funding.
The president sent the decree to major government institutions, including the Judiciary, Ministries of Interior, Intelligence, Justice, Foreign Affairs, Economic Affairs and Finance, and the Central Bank. These agencies will coordinate to implement the law following constitutional procedures.
President Pezeshkian’s ratification follows parliamentary approval of the CFT accession law. The Expediency Council reviewed the legislation and approved it with certain adjustments. Analysts say these steps align domestic law with international obligations.
The CFT accession reflects Iran’s broader effort to modernize financial regulations. Experts note that joining the convention may boost Iran’s credibility in international banking. It also signals Tehran’s determination to prevent terrorism financing globally.
Authorities must complete specific formalities to implement the treaty fully. Constitutional rules require government bodies to ensure domestic laws match the convention’s standards before enforcing them. Officials emphasize that strict compliance will enhance legal certainty.
The CFT accession strengthens Iran’s ability to track and block terrorism-related financial flows. Financial experts predict that this move may improve international trade and attract investment.
Government agencies will develop detailed plans to enforce the law. Ministries and the Central Bank will actively monitor and ensure compliance. Observers suggest that Iran’s participation in the CFT could improve international relations and economic cooperation.
President Pezeshkian’s ratification marks a milestone in Iran’s legal and diplomatic strategy. By committing to the convention, Iran clearly signals its determination to enhance financial oversight. Analysts believe this step may trigger further reforms in anti-money laundering and counter-terrorism finance frameworks.