VATICAN

Vatican Financial Authority and Auditor General sign MoU

A memorandum of understanding between the Vatican Financial Information Authority (AIF) and the Auditor General's Office seeks to strengthen collaboration in combating money laundering, terrorist financing and corruption.

By Vatican News

The Vatican's Financial Intelligence Authority (AIF) and Auditor General's Office released a joint statement on Wednesday. In it, they announced that on Tuesday, the President of AIF, Dr. Carmelo Barbagallo, and the interim Auditor General, Dr. Alessandro Cassinis Righini, signed a memorandum of understanding (MoU).

This MoU seeks to strengthen "the already intense collaboration relationships between the two" offices. They also foresee "periodic meetings at both strategic and operational levels" as a means to meet their stated goal.

"The memorandum of understanding", the statement reads, "will allow us to better fulfill the roles assigned" to them in the Vatican.

Those roles are: AIF – "the fight against money laundering and terrorism"; Auditor General's office – "the fight against corruption".

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