AIF Presents Annual Report: Significant Achievements Were Made in 2018
The Autorità di Informazione Finanziaria (AIF) of the Holy See and the Vatican City State has presented its Annual Report for 2018. The report reviews the activities and statistics of AIF for the year 2018.
Significant achievements were made in 2018, both within the regulatory framework as well as regarding the reporting system. Focusing on the regulatory framework, the conclusion of the adhesion process of the Holy See/Vatican City State to the geographical area of the Single Euro Payments Area (SEPA) represents a relevant step forward towards the harmonization and the efficiency of transfers of funds within the European area. Regarding