VATICAN CITY
USA Today

By Nicole Winfield, Associated Press

VATICAN CITY – The Vatican on Friday sought to explain its presence for the first time on a U.S. list of countries that are a potential hub for money laundering, saying it was only natural to be included given its recent efforts to conform to international standards.

The U.S. State Department this week released its International Narcotics Control Strategy Report, which identified the Holy See as one of 68 countries or jurisdictions “of concern” for money laundering or other financial crimes.

Vatican spokesman the Rev. Federico Lombardi noted Friday that all the world’s major economies — the U.S., Japan and even Italy — are identified as countries of “primary concern” for money laundering. That more serious designation is because of the sheer size of their economies.

Lombardi said it wasn’t surprising that the Vatican was placed on the list of…