As I read through reams of paper on PCI, FINTRAC and GLBA I noticed this article about Italian anti money laundering efforts having pounced on the Vatican.
From CNN:
Italian authorities are investigating the Vatican Bank over possible violations of money laundering regulations, the Bank of Italy told CNN Tuesday.
Another Italian bank alerted Bank of Italy investigators to two Vatican Bank transactions that did not appear to comply with anti-money laundering requirements, the Bank of Italy said.
The two transfers, which were lacking much in the way of detail, came to a total of roughly $30 million. If the Vatican is in a rush to (allegedly) launder money they can send me a few million or so. I wouldn’t mind.
(Image used under CC from Juan Rubiano)
