Moneyval, the Council of Europe’s anti-money laundering watchdog, concluded its two-week on-site inspection of the Holy See and Vatican City on Tuesday, according to a Vatican statement. Moneyval arrived at the Vatican on Sept. 30 for the next phase of a regular multi-year evaluation of the institution’s compliance with European financial regulations. Meetings with the Read more
Posts Tagged ‘Moneyval Committee’
Pope Francis strengthens law against money laundering
Friday, August 9th, 2013
Pope Francis on Thursday intensified the fight against corruption in the Vatican by strengthening the law to counter “money laundering, the financing of terrorism and the proliferation of weapons of mass destruction.” The pope issued a decree expanding the role and the reach of the Vatican’s Financial Intelligence Authority “in response to a recommendation” of Read more