VATICAN CITY
MSN
The Vatican on Wednesday appointed a Swiss lawyer who helped Liechtenstein shed its shady reputation, to head up the Vatican’s financial authority in a bid to meet global rules against money laundering.
The Vatican’s Financial Information Authority (FIA), which was set up in 2010, will still be headed up by Italian Cardinal Attilio Nicora but the 40-year-old Rene Bruelhart will now be the body’s executive director.
Bruelhart was hired as a consultant by the Vatican in September.
The Vatican said the appointment “has strengthened its internal organization. This represents one more step in the effort to combat money laundering and the financing of terrorism,” a Vatican spokesman said.
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