VATICAN CITY
euronews
The scandal plagued Vatican Bank has published the first annual report from its newly formed financial watchdog agency revealing that it had detected six possible attempts to use the Holy See to launder money last year.
As part of efforts to increase transparency it said it is now screening account-holders.
It also plans to beef up regulations and has enlisted an international agency to certify the bank’s compliance with anti-money laundering and anti-terror financing measures.
The Autorità Informazione Finanziaria issued a 10-page report, that contained little detail on any supervisory operations.
However the agency’s director Rene Bruelhart told reporters he had proof it is committed to doing a good job: “In 2012 we had six suspicious transaction reports, in comparison to 2011 when we had one suspicious transaction report, so this is a clear sign that the reporting system is starting to work.”
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