Rene Brulhart, director of the Financial Information Authority, an institution established by Pope Benedict XVI in 2010 to monitor the monetary and commercial activities of Vatican agencies, and

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Rene Brulhart, director of the Financial Information Authority, an institution established by Pope Benedict XVI in 2010 to monitor the monetary and commercial activities of Vatican agencies, and Vatican spokesman Federico Lombardi, meet the press at the Vatican, Wednesday, May 22, 2013. The Vatican took another step Wednesday in trying to show greater financial transparency by publishing a first annual report from its financial watchdog agency and announcing new regulations to fight money laundering and terror financing that are expected in the coming weeks and months. (AP Photo/Gregorio Borgia) less 

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Associated Press
Wed, May 22, 2013 10:05 PM EDT