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To: Mrs. Don-o
The Vatican is its own country, not subject to Italy's gov't.

i.e. no oversight.

5 posted on 04/12/2019 6:55:12 PM PDT by G Larry (There is no great virtue in bargaining with the Devil)
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To: G Larry
I am no lawyer, but I do know from news sources that a lot of Vatican financial transactions have been have been investigated by Italy, and indictments, trials and convictions have resulted for Vatican employees.

My guess (and this is only a guess) is that if the institution is physically outside of the State of Vatican City --- that is, operating in Italy --- Italy law apparently has some kind of jurisdiction.

If foreign currencies are involved, I believe international regulators can intervene as well.

I imagine that international financial transactions can spark very complicated jurisdictional disputes.

But what do I know. Any smart FReepers here who know more, who can comment?

6 posted on 04/13/2019 5:03:18 AM PDT by Mrs. Don-o ("For the tiI think some of me is come that judgment must begin at the house of God." - 1 Peter 4:17)
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