Vatican agrees on new transparency

(ANSA) - Rome, May 6 - Vatican officials say they are boosting transparency by joining international measures to try to stop terror financing.
    An order signed by Cardinal Giuseppe Bertello is part of broader efforts by financial organizations around the globe to freeze assets held by suspected terrorist groups and individuals.
    The order especially fits with an October 2013 law that requires the Vatican to meet international standards of transparency required by the Council of Europe's Moneyval agency.
    Those standards demand that members work towards the "prevention and combating money laundering and financing of terrorism," through means including cooperation and sharing of information with relevant financial authorities. In a December report, the group said that it approved of the efforts made thus far by the Vatican to bolster financial transparency within its institutions, whilst adding that more work needed to be done.