Posts Tagged ‘Anti-money laundering’

Vatican says Moneyval inspection was ‘constructive’ Comments 0

Thursday, October 15th, 2020

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

Bitcoin, slavery and the Vatican Comments 0

Monday, November 6th, 2017

The way bitcoin and other crypto-currencies are being used in the modern-day slave trade is a hot topic at the Vatican. Bank of Montreal senior manager Joseph Mari yesterday presented the Pontifical Academy of Social Sciences (PASS) with an overview of the role crypto-currencies play in money laundering. He also explained blockchain‘s potential in the money-laundering Read more