Vatican
City, 18 November 2013 (VIS) – The Holy See Press Office has issued
the following communique regarding Pope Francis' Motu Proprio on the
new Statute of the Financial Information Authority (F.I.A.):
“The
Apostolic Letter issued Motu Proprio of 15 November 2013, by which
Pope Francis has approved the attached new Statutes of the Financial
Intelligence Authority (F.I.A.), is published today. This pontifical
document will enter into force on 21 November 2013.
“As
is known, with his Motu Proprio of 8 August 2013 and with the Law N.
XVIII of 8 October 2013 on norms on transparency, supervision and
financial intelligence, Pope Francis had strengthened further the
institutional framework of the Holy See and the Vatican City State to
prevent and combat potential illicit activities in the financial
sector and had accorded to the F.I.A., in addition to the functions
that it already had on the basis of the Motu Proprio of Benedict XVI
of 30 December 2010, the function of prudential supervision of those
entities that carry out financial activities professionally. The
present Statutes adapt F.I.A.’s internal structure to the functions
it is now called to perform.
“In
particular, the Statutes distinguish the role and functions of the
President, the Board of Directors and the Directorate, so as to
ensure that the F.I.A. may fulfil even more adequately its
institutional functions in full autonomy and independence and in a
manner consistent with the institutional and legal framework of the
Holy See and the Vatican City State. In addition, the new Statutes
establish a specific office for prudential supervision, providing it
with the necessary professional resources.”
The
full text of the Motu Proprio may be consulted in English and Italian
at:
http://www.vatican.va/holy_father/francesco/motu_proprio/index_it.htm
Posts
No comments:
Post a Comment