The story: Iranian supporters of cooperation with the Paris-based Financial Action Taskforce (FATF) have urged the adoption of outstanding legislation to remove the country from the watchdog's blacklist. Some political figures are warning that Iran's economy cannot be revitalized as long as it remains blacklisted by the FATF. However, Iranian conservatives continue to dismiss what they call "exaggerated" concerns about the consequences of a continuation of the status quo.

The coverage: The FATF on Oct. 21 updated its lists for the first time in more than a year. Iran and North Korea remain as the only two countries blacklisted by the watchdog, which focuses on fighting money laundering and terrorism financing...