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Pope Francis

Complete program of pope's trip to Fatima on May 12-13

March 20, 2017. The Vatican has published Pope Francis' program for his upcoming trip to Fatima.
Pope Francis

Pope Francis will travel to Egypt from 28 to 29 April 2017

March 18, 2017. In response to the invitation from the President of the Republic, the Bishops of the Catholic Church, His Holiness Pope Tawadros II and the Grand Imam of the Mosque of Al Azhar, Sheikh Ahmed Mohamed el-Tayyib, Pope Francis will make an Apostolic trip to the Arab Republic of Egypt from 28 to 29 April 2017, visiting the city of Cairo. The programme of the trip will be published shortly.
Pope Francis

Pope to meet with most powerful European leaders on March 24

March 3, 2017. On March 24 a historic meeting will take place between the pope and many of the most powerful heads of government throughout Europe. The meeting was announced by the Director of the Press Office of the Holy See, Greg Burke and will begin at 6 p.m. in the Sala Regia of the Apostolic Palace in the Vatican.

Vatican's chief financial regulator: We are not perfect yet, but we're on the right track

2014-05-19

The Holy See's main financial watchdog, the Financial Information Authority, better known as AIF, released its 2013 annual report. During this year, the Vatican issued several laws to regulate all economic activity, and strengthen measures to fight money laundering. 

RENE BRÜLHART
Director, Autorità di Informazione Finanziaria (AIF)
 "We are not perfect yet, we are not super good yet. I think that we are on the right track, we have found the right path.”

According to the 2013 report, the AIF found found 202 cases of suspicious activity within the Holy See's financial institutions, including the IOR, or Vatican Bank. By comparison, in 2012, they had only six cases. But AIF Director Rene Brülhart, said there's a good reason for this spike in reported activity.

RENE BRÜLHART
Director, Autorità di Informazione Finanziaria (AIF)
 "Does that mean that we have much more, lets say, abusive or illicit activities within the Holy See? No. Not at all. What it means is that the system, the reporting system, starts to work, or works.”

Of the 202 cases, the financial watchdog referred five to the Promoter of Justice, the Vatican's equivalent of the Attorney General, to open up penal investigations. Those results are not yet available.

The report also states that AIF forwarded 28 of those cases to foreign agencies, for further investigations. This was possible, Brülhart noted, due to the Vatican's increased cooperation at an international level.

RENE BRÜLHART
Director, Autorità di Informazione Finanziaria (AIF)
"It's ultimately a responsibility for the Holy See to be part to such kind of networks, and to interact and to play its role, and to help on the global level to fight these evils of money laundering and terrorism financing.” 

During the presentation of the annual report, Brülhart said that AIF carried out the first on-site inspection of the Vatican Bank in the first trimester of 2014. In the coming months, management will discuss how to implement the plan of action developed after the inspection.


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