Vatican City, Oct 10, 2020 / 05:15 am
The Vatican unveiled changes to a landmark law on transparency, supervision, and financial intelligence Saturday, saying that the move would strengthen oversight of financial flows.
The Holy See press office published the text of a decree Oct. 10 by Cardinal Giuseppe Bertello, president of the Governorate of Vatican City State, amending the 2013 law.
The changes came amid a two-week on-site inspection of the Holy See and Vatican City by Moneyval, the Council of Europe's anti-money laundering watchdog.
There has been a flurry of activity since the inspection began, with the Vatican's Secretariat for the Economy releasing the 2019 balance sheet for the Roman Curia Oct. 1, the day after inspectors arrived.