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Iran Has Squandered Its Chance to Avoid Sanctions


(Wall Street Journal) Joseph I. Lieberman and Mark S. Kirk - The Financial Action Task Force (FATF), meeting this week in Spain, is the international governing body on combating money laundering and terrorism financing. Iran received a 12-month reprieve from sanctions at last year's FATF meeting following the nuclear deal. One year later, Iran remains the world's leading state-sponsor of terrorism, with no change in either Iran's money-laundering policies or in winding down its terror funding. Therefore, FATF must bring back the sanctions against Iran. The nuclear deal provided the opportunity for Iran to demonstrate its commitment to stopping the flow of funds to terror groups and rolling back its money-laundering operations. But Iran squandered this opportunity. The writers are former U.S. senators.
2017-06-20 00:00:00
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