"The Vatican will issue rules Thursday designed to make its financial transactions more transparent after a money laundering probe resulted in the seizure of 23 million euros ($30.2 million) from a Vatican account.Even teh catholic church is moving towards transparency. Impressive.
A Vatican decree will create a compliance authority to oversee all Vatican finances, as required by EU and other international organizations involved in the fight against money laundering and terror financing, the Vatican said Wednesday in a statement..."
Wednesday, December 29, 2010
Pope plans bank rules for more financial transparency - USATODAY.com
Pope plans bank rules for more financial transparency - USATODAY.com:
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