Article

Vatican Loses Access to International Financial Watchdog Information

An international network of financial watchdogs has suspended the Vatican’s access to its information, dealing a major blow to the Vatican’s financial credibility under Pope Francis.

The Egmont Group, a Toronto-based network of more than 160 national financial intelligence units around the world, has decided to suspend the Vatican watchdog from access to its secure web system, through which members share information about money laundering, financing of terrorism, tax fraud and other financial crimes.

Read more at the Wall Street Journal