US, Iran Met on Terror Financing

Rare encounter last month at a multinational conference
By Katherine Thompson,  Newser Staff
Posted Feb 16, 2008 7:27 AM CST
Daniel Glaser, U.S. Treasury Official and a member of the American delegation to the talks with North Korean officials, speaks to reporters as he leaves the U.S. Mission to United Nations on Nov. 19,...   (Associated Press)
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(Newser) – Senior Treasury Department official Daniel Glaser met last month with representatives from Iran to discuss "the significant threat Iran poses to the integrity of the international financial system," Reuters reports. The rare talks, which required special permission from the US government, took place during a meeting of the Financial Action Task Force, a coalition of 34 world nations.

The FATF pressed Iran last fall to take more vigorous action against money laundering and terrrorism funding, and the US has set up sanctions against several Iranian banks suspected of helping to finance terrorist groups. Direct contact between US and Iranian officials is usually forbidden by the administration, but last month's meetings were not one-on-one, sources say.