Giovedì, 20 Settembre 2018
ROME

Vatican credit-card crisis over

English
© ANSA

Rome, February 12 - A credit-card and ATM block that
has plagued visitors to the Vatican since January is over, a
spokesman said Tuesday.
"The system of electronic payments with ATMs and credit
cards has been reactivated," spokesman Father Federico Lombardi
said.
He said the new service was "guaranteed" by a deal with
Swiss company Aduno Sa.
On January 1 the Bank of Italy froze all credit-card and ATM
transactions inside the Vatican City over its failure to fully
implement international anti-money-laundering standards.
In late December, the central bank denied Deutsche Bank
Italy, the Vatican's former provider of electronic-payment
services, a permit because of the Vatican's shortcomings in
financial controls and oversight.
The apparent tipping point that triggered the action was a
Rome prosecutor's investigation of possible money laundering in
2010 at the Vatican's bank, also known as the Institute for
Religious Works (IOR).
The Holy See has been trying without success to join the
'white list' of states that meet international standards on
combating money laundering and the financing of terrorism.
Last July, the Council of Europe's Moneyval department said
in a report that the Holy See had made progress on financial
transparency, but added that more reforms were needed.

CITTA' DEL VATICANO, 12 FEB -

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