Vatican City implements new standards for cooperation against money-laundering
Catholic World News - May 07, 2014
The Vatican has agreed to a new set of European standards aimed at the “prevention and combating money-laundering and financing of terrorism.”
Cardinal Giuseppe Bertello, the president of the Vatican City governorate, signed the new order, committing the Vatican to cooperation with international banking authorities. The order fulfills one of the recommendations made by European banking inspectors last October in their assessment of the Vatican’s financial standards.
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 ($33,441 to go):
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!