By ZENIT Staff
Today the assessment team of the Committee of Experts on the Evaluation of Measures against Money Laundering and the Financing of Terrorism initiates its visit to the Vatican. This visit is held in the context of the Fifth Evaluation Round, agreed upon in 2019, to which all the member jurisdictions of Moneyval are subjected.
The scope of this phase of evaluations is to assess the effectiveness of the legislative and institutional measures adopted by the jurisdictions in recent years for the prevention of money laundering and the financing of terrorism.
The current evaluation for the Holy See is a regular part of a process that began with the first on-site visit, in 2012, and the subsequent adoption of the Mutual Evaluation Report of the Holy See, of 4 July 2012, followed by the First Progress Report, of 9 December 2013, the Second Progress Report, of 8 December 2015, and the Third Progress Report, of 6 December 2017.
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