VATICAN CITY
National Catholic Reporter
by Cindy Wooden,Catholic News Service | Apr. 10, 2013
Vatican City —
A major European regulator will conduct an expanded evaluation of the Vatican’s latest efforts to prevent money laundering and the funding of terrorism.
Moneyval, the monitoring Committee of the Council of Europe, agreed Tuesday to expand its next scheduled review of Vatican policies and procedures. The decision came in response to a request from the Vatican.
“With this initiative, the Holy See wishes to provide a more complete overview of the measures taken over the last year to further strengthen its institutional structure in the area of preventing money laundering and the financing of terrorism,” Vatican Radio reported.
The agreement on the scope of the December 2013 report, the radio said, confirms the Vatican’s “commitment to constructive dialogue with Moneyval.”
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