MondayVatican
How much money is there in the so-called «Vatican bank», the Institute for Religious Works (IOR) and how is it invested and used? Soon, this information will be in the public domain. The IOR will have an internet website, where its annual balance sheet will be posted. Although the IOR is a [...]
Vatican State is still not in the “white list” of the virtous states for money laundering legislation. After the Monetary Convention of 17 December 2009 between Vatican City State and the European Union, and the new Vatican legislation for the prevention and countering of illegal activities in the financial and monetary sectors, Holy [...]
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