As Pope Francis nears the end of his first month as head of the Catholic Church, a distinctly administrative task is likely among his priorities: cleaning up the reputation of Vatican Bank.
A mostly positive grade for Vatican City's anti-money laundering framework may do little to allay concerns about the tiny jurisdiction among compliance departments, say Bank Secrecy Act officers.
A new Vatican anti-money laundering law and watchdog organization could do little to allay the concerns of European authorities about the city-state's secretive financial system, say analysts.
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