0236 GMT August 26, 2019
Gholamreza Mesbahi said that the council held a session to study the fate of the controversial bill, but the participants did not reach a consensus, so the final decision was postponed to the next session on March 2, Mehr News Agency reported.
Mesbahi said that lack of enough participants in the session forced the council to postpone talks on the matter to the next session so that all members could share their views on the bill.
The Palermo bill had once been examined in the Guardian Council and then in the high supervisory board of the Expediency Council, where the bodies found some flaws with it and referred it back to Parliament. However, the Parliament insisted on its endorsement and returned the bill to the Expediency Council for the final verdict.
The Palermo bill requires at least two-thirds of the votes to be endorsed by the Expediency Council.
Together with the bill on Iran’s accession to the Convention against the Funding of Terrorism (CFT), Palermo is a controversial FATF-related bill that Iran should endorse in order to join the anti-money laundering watchdog and get off the body’s blacklist.