VATICAN CITY
Vatican Radio
(Vatican Radio) A press briefing was held on Thursday morning, in the John Paul II Hall of the Press Office of the Holy See, for the presentation of the Annual Report of the Autorità di Informazione Finanziaria (the Financial Information Authority, AIF), on the activities of financial reporting and supervision, both with regard to prudential decisions and for the prevention and combatting of money laundering and the financing of terrorism during Year IV, 2015.
Present at the briefing, in addition to the Father Federico Lombardi, SJ, the Director of the Holy See Press Office, were the President of the AIF, Dr René Brülhart, and the Director of the AIF, Dr Tommaso Di Ruzza.
Below, please find the official Press Release regarding the 2015 Annual Report of the Autorità di Informazione Finanziaria:
AIF press release | Annual Report 2015 | Effective regulatory framework
The Autorità di Informazione Finanziaria(AIF) of the Holy See and the Vatican City State has presented its Annual Report for 2015. The report reviews the activities and statistics of AIF for the year 2015.
2015 has seen an effective implementation and application of the regulatory framework of the Holy See and the Vatican City State. Furthermore, international cooperation of the Vatican competent authority with its foreign counterparts to fight illicit financial activities has been intensified.
“The full implementation and application of Regulation No. 1 has shown the effectiveness of the regulatory framework of the Holy See and Vatican City State,” said René Brülhart, President of AIF. “International cooperation remains a key commitment of AIF. Additional Memoranda of Understandings with competent authorities of other jurisdictions were signed and the exchange of information on a bilateral level has increased significantly.”
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