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Vatican finance watchdog reports progress

VATICAN (CNS): The Vatican’s Financial Intelligence Authority (AIF) confirmed continued progress in oversight, reporting and cooperation in its efforts to prevent suspected money laundering and the financing of terrorism.
 
In its annual report for 2017, it confirmed a “robust reporting system and an effective application of the regulatory framework of the Holy See and the Vatican City State.”
 

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Vatican finance watchdog notes jump in reports of suspicious activity

VATICAN (CNS): The Vatican’s Financial Intelligence Authority, which monitors Vatican financial operations to ensure they meet international norms, reported a huge jump in the number of financial transactions flagged as suspicious and in the value of assets it has blocked or frozen.

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