- Sep 18, 2020
The Council of Europe’s Moneyval committee is expected to issue a progress report Wednesday on the Vatican’s compliance with international norms to fight money-laundering and terror financing, particularly at its bank.
While Pope Francis was away in Asia, the Vatican removed the number two official at the Vatican bank without any explanation. The episode forms part of a broader perceived crisis in the pope’s financial reform.
For unknown reasons, Giulio Mattietti, the Deputy Director of the Vatican Bank, was escorted outside the Vatican and removed from his position on Nov. 27.