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Failure

  • EghtesadOnline: Iran would have to pay a heavy price if it fails to implement standards set by the global anti-money laundering watchdog, says an expert on international affairs, who believes that the Islamic Republic should serve as an example for other countries in combating corruption.

  • EghtesadOnline: Iran's refusal to implement standards set by the global anti-money laundering watchdog will only play into the hands of the United States that is seeking further pretexts to build up pressure on Tehran, a political analyst said.

  • EghtesadOnline: In a directive to banks and credit institutions, the Central Bank of Iran has warned that lenders would be held responsible for any loss resulting from their negligence to activate disposable debit card passwords.

  • EghtesadOnline: Imposing sanctions on a country's foreign minister signals the failure of diplomacy, Iran's top diplomat Mohammad Javad Zarif said in reaction to the United States' recent sanctions against him.

  • EghtesadOnline: As the main party to blame for the possible failure of efforts to set up a special financial mechanism for trading with Iran, Europe will have to ponder over the implications of its inaction, a senior foreign affairs official said.