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Vatican Bank Reforms Prompt Jump in Suspicious Activity Reports

Reports of suspicious financial transactions at the Vatican leapt to 202 in 2013 from six the previous year, its Financial Information Authority (AIF) said on Monday, attributing the rise to keener vigilance prompted by reforms at the scandal-ridden Vatican Bank.   Since 2010, the Vatican has been enacting new legislation to bring its bank, the Institute for Works of Religion (IOR), in line with international standards on financial transparency money laundering.   The AIF said...


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