VATICAN CITY
Vatican Insider
The decision to re-enter the Ocse’s “White List”
Giacomo Galeazzi
Vatican City
The new rules have become effective and the Vatican has changed the structure of the department that deals with the economy, from being a ‘Court of accounts’ that monitors the Vatican administration to a Pontifical Ministry of Financial Orientation and Programming. This is a mini-revolution that will touch the Prefecture for the Economic Affairs of the Holy See (led by Versaldi who is supported by Bertone) and indirectly the whole system of economic power in the Roman Curia.
It is another step in the progressive revision of administrative laws, in a time when the department has been the centre of tales of poison pens and leaks. Meanwhile, after the Moneyval Anti-Money Laundering inspection, that will decide whether the Vatican can be admitted in the Ocse’s ‘White list’ (a record of financially virtuous countries), the Milan branch of JP Morgan bank has ended its relationship with the Ior, since the Vatican body has been investigated for a long time by the Public Prosecutor of Rome for breaking laws against money laundering
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