Several Iranian ministers have sent a letter to Iran’s Supreme Leader Ali Khamenei requesting his help to finalize anti-corruption legislation related to the Financial Action Task Force (FATF), the London-based Al-Sharq Al-Awsat newspaper reported.
The ministers called on the Expediency Council, which has powers to approve Iranian bills, to hold an urgent discussion of the government’s proposal.
The ministers, in their letter, warned from the negative consequences of Iran’s delay in joining the “Convention Against Transnational Organized Crime” or Palermo and the “International Terrorist Financing Convention” known as CFT.
On Tuesday, several media reports revealed that the ministers could resign if the window for joining the international task force combating terror funding and financial corruption is closed down.
The FATF has set a deadline in February for Iran to complete the necessary reforms for its membership and to be removed from its blacklist.
Mohammad Shariatmadari, minister of labor and welfare, said on Tuesday that the letter requested Khamenei's help in speeding up the process of joining FATF.
In case Tehran fails to join FATF, it will risk stringent international measures striking its financial and banking sector.
FATF is an international watchdog for combating money laundering, terrorist financing and other related threats to the integrity of the international financial system.