World

Vatican sees 147 reports of suspicious transactions as anti-money-laundering norms take hold

  • Pope Francis poses for photographers with members of Dominican Republic Episcopal Conference in the pontiff's private studio at the Vatican, Thursday, May 28, 2015. (L'Osservatore Romano/Pool Photo via AP)

    Pope Francis poses for photographers with members of Dominican Republic Episcopal Conference in the pontiff's private studio at the Vatican, Thursday, May 28, 2015. (L'Osservatore Romano/Pool Photo via AP)  (The Associated Press)

  • Rene Bruelhart, president of the Financial Information Authority, an institution created by Emeritus Benedict XVI in 2010 as a key part of an overall bid to clean up the Vatican's financial house to comply with international anti-money laundering and anti-terror financing norms, right, and Tommaso Di Ruzza, director of the Financial Information Authority, pose for photographers at the end of a press conference at the Vatican, Friday, May 29, 2015. The Vatican's financial watchdog agency said Friday it received 147 reports of suspicious financial transactions last year, a sign that tough new anti-money laundering norms are taking hold at its scandal-marred bank. (AP Photo/Alessandra Tarantino)

    Rene Bruelhart, president of the Financial Information Authority, an institution created by Emeritus Benedict XVI in 2010 as a key part of an overall bid to clean up the Vatican's financial house to comply with international anti-money laundering and anti-terror financing norms, right, and Tommaso Di Ruzza, director of the Financial Information Authority, pose for photographers at the end of a press conference at the Vatican, Friday, May 29, 2015. The Vatican's financial watchdog agency said Friday it received 147 reports of suspicious financial transactions last year, a sign that tough new anti-money laundering norms are taking hold at its scandal-marred bank. (AP Photo/Alessandra Tarantino)  (The Associated Press)

  • Rene Bruelhart, president of the Financial Information Authority, an institution created by Emeritus Benedict XVI in 2010 as a key part of an overall bid to clean up the Vatican's financial house to comply with international anti-money laundering and anti-terror financing norms, center, and Tommaso Di Ruzza, director of the Financial Information Authority, left, pose for photographers as Vatican spokesperson, Father Federico Lombardi leaves at the end of a press conference at the Vatican, Friday, May 29, 2015. The Vatican's financial watchdog agency said Friday it received 147 reports of suspicious financial transactions last year, a sign that tough new anti-money laundering norms are taking hold at its scandal-marred bank. (AP Photo/Alessandra Tarantino)

    Rene Bruelhart, president of the Financial Information Authority, an institution created by Emeritus Benedict XVI in 2010 as a key part of an overall bid to clean up the Vatican's financial house to comply with international anti-money laundering and anti-terror financing norms, center, and Tommaso Di Ruzza, director of the Financial Information Authority, left, pose for photographers as Vatican spokesperson, Father Federico Lombardi leaves at the end of a press conference at the Vatican, Friday, May 29, 2015. The Vatican's financial watchdog agency said Friday it received 147 reports of suspicious financial transactions last year, a sign that tough new anti-money laundering norms are taking hold at its scandal-marred bank. (AP Photo/Alessandra Tarantino)  (The Associated Press)

The Vatican's financial watchdog agency says it received 147 reports of suspicious financial transactions last year, a sign that tough new anti-money laundering norms are taking hold at its scandal-marred bank.

The Financial Information Authority released its annual report Friday. It showed a slight decline in the number of suspicious reports received in 2014 compared to the 202 received in 2013. In 2012, when the Vatican's efforts at greater financial controls were in their infancy, only six suspicious transactions were reported.

Of the 147 transactions that were flagged as potentially problematic in 2014, the agency forwarded seven to Vatican prosecutors for investigation. The report said most concerned suspected fraud or tax fraud.

Emeritus Pope Benedict XVI created the agency in 2010 to comply with international anti-money-laundering norms.