Lunedì, 24 Settembre 2018
VATICAN CITY

Vatican passes nine of 16 transparency tests

English
© ANSA

(ANSA) - Vatican City, July 18 - The Vatican City was given
positive grades in nine of 16 areas concerning financial
transparency on Wednesday in a Council of Europe report.
The report by the Council of Europe's Moneyval department
is likely to have a bearing on the Holy See's bid to join the
'white list' states that respect international standards on
combatting money laundering and the financing of terrorism.
The report praised the progress the Holy See has made in
terms of transparency but said more reforms were needed and
called on it to put the Vatican Bank, the Institute for
Religious Works (IOR), under independent supervision.

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