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Vatican’s financial watchdog sees rise in suspicious activity reports in 2021

June 13, 2022 Catholic News Agency 3
St. Peter’s Basilica. / vvo/Shutterstock.

Vatican City, Jun 13, 2022 / 09:18 am (CNA).

The Vatican’s financial watchdog authority reported on Monday that it received 104 suspicious activity reports in 2021, an increase from the previous year.

In a 35-page annual report, released on June 13, the Supervisory and Financial Information Authority (ASIF) said that it submitted 21 reports to the Vatican’s Promoter of Justice (prosecutor), the highest number in the past five years.

The watchdog authority is responsible for financial intelligence, as well as combating money laundering and the financing of terrorism. It supervises the Institute for the Works of Religion (the IOR or “Vatican bank”).

In its report, it said: “With regard to financial intelligence activities, in 2021 ASIF’s Financial Intelligence Unit (FIU) received 104 reports of suspicious activity, 98 of which from the obliged entity [IOR], 5 from Vatican authorities, and 1 from a non-profit organization. No reports were received that were directly or indirectly linked to the financing of terrorism.”

“ASIF submitted 21 reports to the Office of the Promoter of Justice, the highest number recorded in the last five years; of these, 3 were first reports and 18 were supplemental reports.”

ASIF reported last year that it received 89 suspicious activity reports in 2020, 16 of which it forwarded to the Promoter of Justice for possible prosecution.

In 2019, it received 95 reports, compared to 83 in 2018, and 150 in 2017.

The 2021 report also disclosed that the ASIF sent 34 requests for information to foreign financial intelligence units, while receiving 19 such requests — fewer than in 2020.

ASIF president Carmelo Barbagallo described 2021 as a “year of consolidation” for the organization, which was established by Benedict XVI in 2010 and known as the Financial Information Authority (AIF) until it was renamed in December 2020.

He welcomed the “favorable outcome” of an eagerly awaited 2021 report by Moneyval, the Council of Europe’s anti-money laundering watchdog.

In an interview with Vatican News, Barbagallo noted that the Moneyval review “is of fundamental importance for the action and financial reputation of the jurisdictions that adhere to it.”

“An eventual negative review would have repercussions on the path of transparency undertaken long ago by the Holy See and also risk also complicating financial relationships of institutions like the IOR or APSA with their foreign counterparts,” he said.

“On the other hand, the great work done in previous years, and especially more recently, has prevented that from happening.”

“However, we cannot ‘let our guard down’ in terms of the effectiveness of prevention and enforcement action, because continuous refinement action is imperative that includes frequent instances of verification, also in accordance with international standards.”

René Brülhart and Tommaso Di Ruzza, respectively the former president and director of the AIF, are among 10 people currently facing trial at the Vatican over allegations of financial impropriety.

Brülhart is facing the charge of abuse of office, while Di Ruzza stands accused of abuse of office and violation of the secret of the office. Both men deny the charges.

[…]

No Picture
News Briefs

Pope Francis: The Trinity inspires us ‘to live with others and for others’

June 12, 2022 Catholic News Agency 1
Pope Francis speaks to the crowd on June 12, 2022 gathered in St. Peter’s Square in Rome for the recitation of the Angelus on Trinity Sunday. / Vatican Media

Washington, D.C. Newsroom, Jun 12, 2022 / 07:47 am (CNA).

Speaking on Trinity Sunday, Pope Francis said that celebrating the Trinity is “not so much a theological exercise, but a revolution in our way of life.”

“God, in whom each person lives for the other in a continual relationship, in continual rapport, not for himself, provokes us to live with others and for others,” he said.

In his address prior to the recitation of the Angelus, Pope Francis reflected on Sunday’s Gospel reading, from the 16th chapter of John. In the reading, Jesus is speaking to the apostles about the coming of the Holy Spirit. “I have much more to tell you, but you cannot bear it now. But when he comes, the Spirit of truth, he will guide you to all truth,” the Lord says.

Jesus tells the apostles, “Everything that the Father has is mine; for this reason I told you that he will take from what is mine and declare it to you.”

“We notice that the Holy Spirit speaks, but not of himself: He announces Jesus and reveals the Father,” Pope Francis said to thousands of pilgrims gathered in St. Peter’s Square June 12.

“And we also notice that the Father, who possesses everything because he is the origin of all things, gives to the Son everything he possesses: He keeps nothing for himself and he gives himself fully to the Son,” he said.

Pope Francis added that “the Holy Spirit speaks not of himself; he speaks about Jesus, he speaks about others. And the Father does not give himself, he gives the Son. It is open generosity, one open to the other.”

The Holy Father then invited the crowd to do a self-examination.

“When we speak, we always want to say something good about ourselves, and often, we only speak about ourselves and what we do,” he said. “How often!”

Giving examples, Pope Francis said that people often say “I have done this and that” and “I had this problem.”

“We always speak like this,” he said.

He added, “How different this is from the Holy Spirit, who speaks by announcing others, and the Father the Son! And, how jealous we are of what we possess. How hard it is for us to share what we possess with others, even those who lack the basic necessities! It is easy to talk about it, but difficult to practice it.”

He encouraged the crowd to question whether “our life reflects the God we believe in.”

Leading the crowd in self-examination, the pope asked, “do I, who profess faith in God the Father, and the Son, and the Holy Spirit, truly believe that I need others in order to live, I need to give myself to others, I need to serve others? Do I affirm this in words, or do I affirm it with my life?”

The one, triune God must be manifested in deeds, not words, he said.

“God, who is the author of life, is transmitted not so much through books as through witness of life,” Pope Francis said. “He, who, as the evangelist John writes, ‘is love’ (1 Jn 4:16), reveals himself through love.”

Pope Francis encouraged the crowd to think about “good, generous, gentle” people they have met and reflect on their way of thinking and their actions.

By doing this, “we can have a small reflection of God-Love,” he said. “And what does it mean to love? Not only to wish them well and to be good to them, but first and foremost, at the root, to welcome others, to be open to others, to make room for others, to make space (for) others. This is what it means to love, at the root.”

To better understand the Trinity, the Holy Father encouraged the crowd to consider each name of the three persons of the Trinity, “which we pronounce every time we make the sign of the cross: Each name contains the presence of the other.”

“The Father, for example, would not be such without the Son; likewise, the Son cannot be considered alone, but always as the Son of the Father. And the Holy Spirit, in turn, is the Spirit of the Father and the Son,” he said.

“In short,” Pope Francis added, “the Trinity teaches us that one can never be without the other. We are not islands, we are in the world to live in God’s image: open, in need of others, and in need of helping others.”

After praying the Angelus at noon, Pope Francis called for a round of applause for the recent beatification of Sister Paschalis Jahn and nine sister martyrs of the Congregation of the Sisters of St. Elizabeth, who were killed at the end of World War II by Red Army soldiers.

The nuns were beatified Saturday in Wroclaw, Poland.

Although the women knew the danger they were putting themselves in by attending to the sick and elderly, Pope Francis said, they did it anyway because of their Christian faith.

“May their example of faith to Christ help us all, especially Christians who are persecuted in various parts of the world, to bear witness to the Gospel courageously,” he said of the new blessed.

Pope Francis also spoke about the “great regret” he felt for having to postpone his scheduled trip in early July to the Democratic Republic of Congo and South Sudan due to issues he is having with his leg.

“I truly feel great sorrow for having had to postpone this trip, which means so much to me,” he said. “I apologize for this. Let us pray together that, with the help of God and medical attention, I will be able to be with you as soon as possible. Let us be hopeful!”

Speaking of World Day against Child Labor, Pope Francis called for all to work to “eliminate this scourge “so that no child is deprived of his or her fundamental rights and forced or coerced to work.”

The Holy Father also said that the Ukrainian people remain “vivid in my heart,” speaking of the Russian-Ukrainian war.

“Let the passage of time not temper our grief and concern for that suffering population,” he said. “Please, let us not grow accustomed to this tragic situation! Let us always keep it in our hearts. Let us pray and strive for peace.”

[…]

The Dispatch

Afghan Christians: Where are they now?

June 11, 2022 Catholic News Agency 3

Afghanistan map. / Shutterstock

Denver Newsroom, Jun 11, 2022 / 13:55 pm (CNA).
In August of last year, the world watched as crowds of Afghans surged outside the gates of Hamid Karzai International Airport, hoping for an exit from the… […]