Iran participated in the 42nd meeting of the Eurasian Group on Combating Money Laundering and Financing of Terrorism (EAG), held in Moscow from May 26 to 30.
The Iranian delegation, led by Deputy Minister of Economy Hadi Khani, joined regional and international experts to enhance cooperation on financial security. The EAG summit provided a platform for Iran to engage in discussions on financial security and anti-money laundering strategies, reflecting its ongoing cooperation in regional financial matters.
Iran remains on the Financial Action Task Force (FATF) blacklist, alongside North Korea and Myanmar, due to its failure to fully implement the required anti-money laundering and counter-terrorism financing measures. The FATF has called on Iran to ratify the Palermo and Terrorist Financing Conventions to address these deficiencies.
According to Khani, key discussions at the summit are expected to focus on risk management in the digital era, financial security challenges in Eurasia, and regional coordination among the Caspian Sea nations.
He also stated that Iran aims to strengthen international partnerships, enhance its role within the group, and showcase its recent efforts in combating financial crimes. The official emphasized Iran’s commitment to addressing money laundering, noting that the country will present its achievements and strategies during the conference.
The summit will also feature joint meetings between regulatory officials and private-sector representatives.
The EAG is a FATF-style regional body comprising nine member countries: Belarus, China, Kazakhstan, Kyrgyzstan, India, Russia, Tajikistan, Turkmenistan, and Uzbekistan.