In an effort to comply more fully with international standards against financial criminal activity, the Vatican has hired an outside expert. René Brülhart, a 40-year-old Swiss international lawyer, started working as a consultant to the Vatican in September on “all matters related to anti-money laundering and financing of terrorism.” Brülhart’s role is to assist the Holy See in strengthening its framework to fight financial crimes. A report by European finance experts released in July said the Vatican had passed its first major test toward becoming more financially transparent and compliant with international norms. But the report by Moneyval, the Council of Europe’s Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism, said there were still critical loopholes that needed tightening and other “important issues” to be addressed.
Vatican Hires Financial Crime Watchdog
Show Comments (
)
Comments are automatically closed two weeks after an article's initial publication. See our comments policy for more.
The latest from america
July 16 marks 80 years since the first atomic bomb was detonated. The specter of nuclear annihilation has been with us ever since.
The first time we see the titular hero of James Gunn’s new film “Superman,” he doesn’t descend from the heavens. He plummets.
If we imagine ourselves as satisfying a God who will “give us” things only if we do the “right things,” then our relationship with God becomes less a friendship and more a chore.
For 13 years, Josep Lluís Iriberri, S.J. has guided pilgrims along the same trail St. Ignatius walked over 500 years ago.