In a statement on the 18 October conclusions of the Financial Action Task Force (FATF) plenary, the State Department applauded the “recent re-imposition of additional countermeasures on Iran for its failure to uphold international anti-money laundering and countering the financing of terrorism (AML/CFT) standards”, adding that “Iran has shown a wilful failure to address its systemic AML/CFT deficiencies, deliberately ensuring there is no transparency in its economy so it can continue to export terrorism”. The statement went on to “call on FATF members to hold Iran fully accountable for its serious and continuing acts of terrorism and terror finance”.