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Vatican authority hopes for pact

Financial body releases annual report for 2014

Redazione Ansa

(ANSA) - Vatican City, May 29 - The director of the Vatican's financial authority, Tommaso Di Ruzza, said Friday he hopes to soon have a pact with the Bank of Italy. "We have a good degree of dialogue and mutual trust and hope, before long, to formalize cooperation and exchanges of information", with the Bank of Italy, he said in releasing the 2014 annual report.
    Relations had been strained in the past when the Vatican Bank had previously failed to comply with international standards on money-laundering and financial crimes.
   

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