An international anti-money laundering group wants government financial intelligence agencies to give extra scrutiny to transactions and business relationships involving Iran and North Korea.

Paris-based Financial Action Task Force (FATF) said on Friday that it remained

• “particularly and exceptionally concerned” about what it called Iran’s
• “failure to address the risk of terrorist financing and the serious threat this poses to the integrity of the international financial system.”

SWIFT last week reconnected several Iranian banks to its global transactions network, allowing them to conduct foreign trade and money transfers.

Read more here: reuters.com