Click here to advertise on CatholicCulture.org

New European report on Vatican banking procedures due in December

Catholic World News - April 10, 2013

European banking examiners plan to issue a new report on Vatican financial procedures in December.

Last year the “Moneyval” committee, which appraises banking systems for their compliance with European standards guarding against money-laundering, issued a report that indicated that Vatican had made major steps toward full compliance, but still needed improvement in some areas. The December report from the Moneyval committee will cover the Vatican’s efforts to make those improvements.

Vatican banking officials have emphasized their determination to meet the Moneyval standards for transparency and to gain full approval for Vatican banking procedures.

Additional sources for this story
Some links will take you to other sites, in a new window.

An appeal from our founder, Dr. Jeffrey Mirus:

Dear reader: If you found the information on this page helpful in your pursuit of a better Catholic life, please support our work with a donation. Your donation will help us reach seven million Truth-seeking readers worldwide this year. Thank you!

Progress toward our September expenses ($14,503 to go):
$35,000.00 $20,496.73
41% 59%
Sound Off! CatholicCulture.org supporters weigh in.

All comments are moderated. To lighten our editing burden, only current donors are allowed to Sound Off. If you are a donor, log in to see the comment form; otherwise please support our work, and Sound Off!

There are no comments yet for this item.

Subscribe for free
Shop Amazon
Click here to advertise on CatholicCulture.org

Recent Catholic Commentary

Our Spiritual Destiny and the Horror of War September 19
The Islamic roots of terrorism must be addressed September 19
Each of us is destined to marry Jesus Christ September 18
From simple husband to ascetical priest September 18
St. Augustine's warning to pastors September 18

Top Catholic News

Most Important Stories of the Last 30 Days
Cardinals criticize Kasper proposal, escalating debate on remarriage/Communion CWN - September 18