Pope names president of Vatican financial agency

VATICAN CITY
Catholic Culture

Pope Francis has named René Brülhart the president of the Financial Information Authority, a Vatican body created in 2010 to combat illegal financial activities.

Brülhart directed Liechtenstein’s financial intelligence until 2012, when he was appointed the Financial Information Authority’s director.

In November 2013, Pope Francis assigned the authority three functions: “prudential supervision and regulation of those entities that carry out professionally a financial activity; supervision and regulation for the prevention and countering of money laundering and financing of terrorism; [and] financial intelligence.”

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