VATICAN CITY
The Sacramento Bee
By NICOLE WINFIELD
Associated Press
Published: Wednesday, Jul. 4, 2012
VATICAN CITY — The Vatican got a report card Wednesday on its efforts to be more financially transparent – but it’s a secret for now.
A Council of Europe committee in Strasbourg adopted a report by independent inspectors examining the Holy See’s efforts to comply with international standards to fight money laundering and terror financing.
The evaluators’ preliminary report found areas where the Vatican was compliant and where it needed work. During the meeting Wednesday of the panel, known as the Moneyval committee, that report was amended by governments who are committee members, as often occurs.
But neither the Vatican nor the Council of Europe would disclose the outcome, saying Moneyval’s procedures forbid it.
The full report will be released in about a month’s time, after the Vatican makes its own observations about the findings.
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