Catholic Culture Liturgical Living
Catholic Culture Liturgical Living
Catholic World News

EU financial watchdog upgrades Vatican status to ‘regular’

May 12, 2022

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CWN Editor's Note: Moneyval, the agency of the Council of Europe that combats money laundering and the financing of terrorism, recently praised the Holy See’s efforts against money laundering, but raised “a red flag for potential abuse of the internal system by mid-level and senior figures (insiders) for personal or other benefits.”

The above note supplements, highlights, or corrects details in the original source (link above). About CWN news coverage.


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