Iran tops terror financing watch list

Iran is failing to take steps to block terrorist financing and money laundering, an international fiscal watchdog group said Thursday. 
The 34-nation Financial Action Task Force advised investors and businesses dealing with Iran to closely watch their assets for possible links to "money laundering and financing of terrorism." The report Thursday did not cite any specific Iranian banks or networks.
The advisory group, wrapping up a meeting in Abu Dhabi, called on seven other countries to bolster controls, ranging from Pakistan to the African island nation of Sao Tome and Principe.
The others are Ecuador, Ethiopia, Turkmenistan and North Korea.