Today the Holy Father, Pope Francis has issued a Motu
Proprio for the prevention and countering of money laundering, the
financing of terrorism and the proliferation of weapons of mass destruction.
Pursuant to the steps already taken by Pope Benedict XVI
in this area with the Motu Proprio of 30 December 2010 for preventing
and countering illegal activities in the areas of finance and currency, today’s
Motu Proprio reaffirms the Holy See’s commitment to the goal of
preventing and countering money laundering, the financing of terrorism and the
proliferation of weapons of mass destruction.
In particular, the present Motu Proprio:
- broadens the application of the relevant Vatican laws to the Dicasteries of the Roman Curia and to other institutes and entities dependent on the Holy See, as well as to non-profit organizations enjoying juridical personality in canon law and based in the Vatican City State;
- strengthens the supervisory and regulatory function of the Financial Information Authority;
- establishes the function of prudential supervision over entities habitually engaged in financial activities, in response to a recommendation of the MONEYVAL Committee of the Council of Europe, and assigns that function to the Financial Information Authority; and
- establishes the Financial Security Committee, whose Statutes are appended to the Motu Proprio, for the purpose of coordinating the competent authorities of the Holy See and the Vatican City State in the area of prevention and countering of money laundering, the financing of terrorism and the proliferation of weapons of mass destruction.
Apostolic
Letter in the form of Motu Proprio
Issued
by His Holiness, Pope Francis
For the prevention and countering of money laundering,
the financing of terrorism, and the proliferation of weapons of mass
destruction
The promotion of integral human development at material
and moral levels requires a profound reflection on the vocation of the economic
and financial sectors and on their relevance to the ultimate goal of achieving
the common good.
For this reason, the Holy See, in accordance with its
nature and mission, participates in the efforts of the international community
toward the protection and promotion of the integrity, stability and
transparency of the economic and financial sectors and the prevention and
countering of criminal activity.
Continuing the actions already undertaken in this domain according
to the Motu Proprio issued on
December 30, 2010 for the prevention and the countering of illegal activity in
financial and monetary matters, issued by my predecessor Benedict XVI, I wish
to renew the commitment of the Holy See
to adopt the principles and the juridical instruments developed by the
International community, further adjusting the institutional framework in order
to prevent and to counter money laundering, financing of terrorism and the
proliferation of weapons of mass destruction.
With the present Apostolic Letter in the form of Motu Proprio, I adopt the following
provisions:
Article 1
The Dicasteries of the Roman Curia and the other
organisms and entities dependent on the Holy See, as well as non-profit organizations enjoying
juridical personality and canonical statute in the Vatican City State are
required to observe the laws of the Vatican City State in matters pertaining
to:
a) Measures
for the prevention and countering of money laundering and the financing of
terrorism;
b) Measures
against those who threaten peace and international security;
c) Prudent
supervision of institutions carrying out professional activities of a financial
nature.
Article 2
The Financial Information Authority will carry out the
function of prudent supervision of institutions performing professional
activity of a financial nature.
Article 3
The competent juridical offices of the Vatican City State
will have jurisdiction in the above-mentioned matters, and over Dicasteries and
other organisms and entities dependent on the Holy See, as well as over
non-profit organizations enjoying legal and canonical office within the Vatican
City State.
Article 4
I establish the Financial Security Committee with the
purpose of coordinating the competent authorities of the Holy See and the
Vatican City State in all matters pertaining to the prevention and countering
of money laundering, the financing of terrorism and the proliferation of
weapons of mass destruction. This
Committee will be governed by the Statues attached to this Apostolic Letter.
I decree that the present Apostolic Letter issued Motu Proprio be promulgated by
publication in l’Osservatore Romano.
I direct that the provisions herein may have full and
lasting value, even by repealing all provisions incompatible with them
effective August 10, 2013.
Given at Rome, from the Apostolic Palace, on August 8,
2013, the first of my Pontificate.
Francis, Pope
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