Organization

MONEYVAL

Council of Europe committee that evaluates anti-money-laundering measures.

4 links, 3 backed by primary records

MONEYVAL evaluated the Holy See, including Vatican City State, in 2012 and 2021.

Connections 4

Reform of Vatican finances since 2010 24 Feb 2011 evaluated the Holy See in 2012 and 2021 Primary record 1

Reform of Vatican finances since 2010 evaluated in 2012 and 2021 Primary record 2
Reform of Vatican finances since 2010 follow-up report of May 2024, as announced by the Holy See Press Office According to Holy See Scholarship & press 3

Timeline 1 date

Proof 3 sources

Mutual Evaluation Report: Holy See (including Vatican City State), MONEYVAL(2012)17, MONEYVAL, Council of Europe, Jul 2012. Primary record
On 24 February 2011, His Eminence Cardinal Bertone, Secretary of State, wrote to the Secretary General of the Council of Europe, requesting that the Holy See (including Vatican City State) (HS/VCS) become subject to the evaluation and follow up procedures of MONEYVAL.
MONEYVAL is the Council of Europe's primary monitoring arm in anti- money laundering and countering the financing of terrorism (AML/CFT).
Anti-money laundering and counter-terrorist financing measures: Holy See (including Vatican City State), Fifth Round Mutual Evaluation Report, MONEYVAL(2021)4, MONEYVAL, Council of Europe, 2021. Primary record Archived copy
The authorities have a generally good high-level understanding of money laundering
The HS/VCS was rated compliant or largely compliant with 8 of the 16 Core and Key Recommendations.
The results in court are modest
appear rather minimal. Arguably, they are not proportionate and dissuasive.
Holy See receives positive assessment in MONEYVAL follow-up report, Vatican News, May 2024. Scholarship & press
The Holy See, including Vatican City State has received a positive assessment in the First "Regular Follow-up Report" by the MONEYVAL Committee

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