MAY FRANCE FOSTER SEARCH FOR PEACE, HUMAN DIGNITY, RESPECT FOR LIFE AND COMMON GOOD – BE MODELS OF LOYALTY, HONESTY, HARMONY, HUMANITY, POPE TELLS ATHLETES – VATICAN FINANCIAL INFORMATION AUTHORITY ISSUES 2016 REPORT

Pope Francis tweeted today: Jesus asks to be looked in the eye, to be acknowledged, to be loved.

MAY FRANCE FOSTER SEARCH FOR PEACE, HUMAN DIGNITY, RESPECT FOR LIFE AND COMMON GOOD

The Holy Father sent the following telegram to Emmanuel Macron, the newly-elected president of the French Republic. Elected on May 7, President Macron, 39, was sworn in last Sunday. (photo news.va)

“On the occasion of your investiture as president of the French Republic, I send you my very cordial wishes for the exercise of your high office in the service of all your compatriots. I pray that God support you so that your country, faithful to the rich diversity of its moral traditions and its spiritual heritage marked also by the christian tradition, may always endeavor to build a more just and fraternal society. With respect for difference and attention to those in situations of vulnerability and exclusion, may it contribute to the cooperation and solidarity between nations. May France continue to foster, in Europe and throughout the world, the search for peace and the common good, respect for life and the defense of the dignity of every person and of all peoples. I heartily invoke the Lord’s blessing upon you and all the inhabitants of France. Francis

BE MODELS OF LOYALTY, HONESTY, HARMONY, HUMANITY, POPE TELLS ATHLETES

Pope Francis Tuesday welcomed the players, coaches and staff of Italian football teams, Juventus and Lazio as they are about to meet in the final game of the national soccer championship, and told them they have a big responsibility towards their fans, especially the youngest.

As public fgures, you have a certain responsibility, said Francis, who is a big fan of the sport called soccer in the U.S, and football is most of the rest of the world. He explained that “champions are role models for many young fans,” and thus, in every game, he said, you must show discipline, balance and respect for rules and regulations. (photo news.va)

“He, who through his behavior, puts all of this into practice, provides a good example for his followers, and this is what I wish for each of you: to be witnesses of loyalty, honesty, harmony and humanity” he said. He did note that violence sometimes occurs in football stadiums, disrupting games and spoiling what should be enjoyable moments: for all.

He wished both teams a “great match” when they play Wednesday evening in Rome’s Olympic Stadium.

VATICAN FINANCIAL INFORMATION AUTHORITY ISSUES 2016 REPORT

This morning at the Holy See Press Office, a press conference presented the 2016 Annual Report of the Vatican’s Financial Information Authority (Autorità di Informazione Finanziaria – AIF) on supervision and financial intelligence for the prevention and countering of money laundering and financing of terrorism as well as prudential supervision. Presenters included René Brülhart and Tommaso Di Ruzza, respectively president and director of AIF.

Following is the press release that reviews the activities and statistics of AIF for the year 2016. It includes a significant fostering of international cooperation of the Vatican competent authority with its foreign counterparts to fight illicit financial activities, and a consolidation of the reporting system as well as a further strengthening of the regulatory framework have been some of the key achievements in 2016.

“International cooperation is a precondition to fight financial crimes and the Vatican is fully committed to it,” said René Brülhart, AIF president. “In 2016, AIF has seen a significant increase of bilateral cooperation with competent authorities of other jurisdictions and will continue to be an active partner to combat illicit financial activities globally.”

“The number of suspicious activity reports (SARs) by different reporting subjects decreased in comparison to 2015 (207 in 2016, 544 in 2015). But the number of SARs was still higher than in previous years, indicating an ever-increasing and effective implementation of reporting requirements by supervised entities,” said Tommaso Di Ruzza, AIF director. “In parallel, SARs show an improvement in terms of quality with a positive impact on the reports AIF disseminated to the Vatican Promoter of Justice, which are leading to domestic prosecution, and on the international cooperation with foreign FIUs, registering a notable development.”

In 2016, 22 reports have been submitted for further investigation by Vatican judicial Authorities. The number of cases of bilateral cooperation between AIF and foreign FIUs has increased from 81 in 2013, to 113 in 2014, to 380 in 2015 and 837 in 2016.

Furthermore, the transitional period to implement the requirements established by the prudential regulatory framework expired in 2016 and the domestic system – based on Title III of Law n. XVIII dated 8th October 2013 and AIF Regulation on “Prudential supervision of entities carrying out financial activities on a professional basis” n. 1 dated 13th January 2015 –, has been further strengthened with the issuance of new Circulars on accounting standards and statistical reporting requirements.   About AIF The Financial Information Authority is the competent authority of the Holy See and Vatican City State for supervision and financial intelligence for the prevention and countering of money laundering and financing of terrorism as well as prudential supervision.

Established by Pope Benedict XVI with the Apostolic Letter in form of Motu Proprio of 30 December 2010, AIF carries out its institutional activities in accordance with its new Statute introduced by Pope Francis with Motu Proprio of 15 November 2013 and Law No. XVIII of 8 October 2013.

In 2016, AIF signed MOUs with supervisory Authorities and FIUs of Austria, Brazil, Canada, Italy, Panama, Poland and Russia. In previous years, AIF had already signed MOUs with Albania, Argentina, Australia, Belgium, Cuba, Cyprus, France, Germany, Hungary, Italy, Liechtenstein, Luxembourg, Malta, Monaco, the Netherlands, Norway, Paraguay, Peru, Poland, Romania, San Marino Slovenia, Spain, Switzerland, United Kingdom and the United States of America.

AIF has been a member of the Egmont Group since 2013.