All vatican articles

  • Blog post

    European Watchdog Urges Vatican to Toughen Up on Financial Crimes

    2015-12-16T10:30:00Z

    The Council of Europe’s Moneyval Committee is calling on the Vatican to step up its anti-money laundering enforcement actions. Although the Vatican has finally revamped its regulations to address terrorist financing and money laundering, there’s still a lot of work needed to detect and prevent suspicious transactions, the regulator said. ...

  • Blog post

    Holy Orders: Vatican Picks Up Pace in AML Fight

    2015-08-25T15:00:00Z

    Image: In recent years money laundering has engulfed numerous international institutions, such as the Vatican, which has been roundly criticized by Italian prosecutors for both its failure to carry out appropriate due diligence over its customers and its inability to track suspicious transactions. Those criticisms have led to some dramatic ...