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Internal Report Says Suspicious Financial At Vatican Down To Six-Year Low
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21 May 2019 04:23 PM EST

According to a report by Reuters, on Tuesday, an internal watchdog report showed that suspicious financial activity in the Vatican reached a six-year low in 2018, continuing a trend that officials claims showed that reforms have been fully embedded. The report, published annually by the Vatican's Financial Information Authority, also showed that the Vatican's cooperation with international financial regulators to combat fraud and money laundering has increased almost six-fold in the same amount of time. The report showed that just 56 Suspicious Activity Reports were filed with the authority in 2018, down from a peak of 544 just three years earlier, in 2015.

 

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