杏MAP导航

杏MAP导航 Francis meets with the experts of Moneyval 杏MAP导航 Francis meets with the experts of Moneyval 

杏MAP导航 to Moneyval: Preventing merchants from speculating on humanity

In an address to the Committee of Experts of the Council of Europe, 杏MAP导航 Francis recalls the need for clean finance at the service of humanity, especially the weakest members of society.

By Vatican News

It is a task which is 鈥減articularly dear to my heart", carried out "to promote a 'clean finance', in which the 'merchants' are prevented from speculating in that sacred 鈥榯emple鈥 which is humanity."

杏MAP导航 Francis made that remark on Thursday in an address to the evaluators of the Moneyval Programme.

The Committee of the Council of Europe arrived in the Vatican on 30 September to evaluate measures against money laundering and financing of terrorism. The visit was agreed upon in 2019, and takes place in the cycle of periodic evaluations to which all jurisdictions belonging to Moneyval are subject according to a pre-established schedule.

杏MAP导航 Francis recalled that "the Vatican recently introduced into its legal system measures aimed at ensuring transparency in the management of money and preventing money laundering and the financing of terrorism. On 1 June last, a Motu Proprio was issued for a more effective management of resources and for the promotion of transparency, oversight and competition in the procedures for awarding public contracts. On 19 August last, an Ordinance of the President of the Governorate required volunteer organizations and juridical persons of Vatican City State to report suspicious activities to the Financial Information Authority (AIF).鈥


In his speech, the 杏MAP导航 expressed his desire for a financial system "that does not oppress those who are weakest and in greatest need.鈥

He also stressed the need to 鈥渞eflect anew on our relationship with money鈥, because 鈥渋n many places the supremacy of money over human beings is taken for granted.鈥

"Sometimes, in the effort to amass wealth, there is little concern for where it comes from, the more or less legitimate activities that may have produced it, and the mechanisms of exploitation that may be behind it. Thus, situations can occur where, in touching money, we get blood on our hands, the blood of our brothers and sisters. It can also happen that financial resources are used to spread terror, to shore up the strongest, the most powerful and those prepared to sacrifice the lives of their brothers and sisters without a scruple, all in a bid to hold onto their power.鈥

Following the lead of St. Paul VI, 杏MAP导航 Francis reiterated the proposal to set up a global Fund to relieve the needs of the poor and hungry by 鈥渟etting aside the monies spent on military expenditures.鈥

The 杏MAP导航 also recalled that the Church鈥檚 social teaching has pointed out "the error of the neoliberal dogma", according to which the economic and moral orders are so "completely distinct from one another that the former is in no way dependent on the latter."

"It would seem that the worship of the ancient golden calf has returned in a new and ruthless guise in the idolatry of money and the dictatorship of an impersonal economy lacking a truly human purpose.鈥

Indeed, he added, 鈥渇inancial speculation fundamentally aimed at quick profit continues to wreak havoc."

But the path traced by Jesus is clear, said the 杏MAP导航.

"Jesus drove merchants from the temple precincts and stated: 鈥榊ou cannot serve both God and money.鈥 Once the economy loses its human face, then we are no longer served by money, but ourselves become servants of money. This is a form of idolatry against which we are called to react by reestablishing the rational order of things, which appeals to the common good, whereby money must serve, not rule.鈥

Thank you for reading our article. You can keep up-to-date by subscribing to our daily newsletter. Just click here

08 October 2020, 10:59