Money Laundering Law, Challenges for Jewish and Catholic Leaders, and Papal Prayers News Report: April 1, 2011.
by Rosalia Tenorio | Source:

Law to Combat Money Laundering and Terrorist Financing

VATICAN CITY—Today comes into force the Law 127 concerning the prevention and countering of the laundering of proceeds from criminal activities and of the financing of terrorism.

Today's note also explains how "the offices and organisations obliged to respect the new Law include the Institute for Works of Religion (IOR), as well as other institutions dependent on Vatican City State and on the Holy See, or that are associated with the latter.

The new law prescribes that sums greater than 10,000 (ten thousand) euro entering or leaving Vatican City State, must be declared to the offices and organisations obligated by the anti-money laundering legislation. The failure or partial failure to meet this obligation to declare will be punished with an administrative sanction.

Challenges Facing Jewish and Catholic Leaders

The Holy See's Commission for Religious Relations with the Jews has published an English-language comunique defining the challenges that modern secular society faces. The document comes out after a series of meetings in Jerusalem - presided by Chief Rabbi Shear Yashuv Cohen and by Cardinal Jorge Maria Mejia, archivist and librarian emeritus of Holy Roman Church - discussed the challenges of faith and religious leadership in secular society.

The comunique pointed a general moral crisis, unparalleled violence and barbarity as major challenges in society today. “Our modern world is substantially bereft of a sense of belonging, meaning and purpose," the document concluded.

The document states that religious leaders have a critical role in responding to these realities, in providing both hope and moral guidance derived from the awareness of the Divine Presence and the Divine Image in all human beings. “The biblical description of Moses was presented as a paradigm of religious leadership who, through his encounter with God, responds to the Divine call with total faith, loving his people, declaring the Word of God without fear, embodying freedom and courage, and an authority that comes from obeying God always and unconditionally, and listening to all, ready for dialogue.”

The bilateral commission also expressed the hope that the outstanding matters in the negotiations between the Holy See and the State of Israel would soon be resolved and bilateral agreements speedily ratified for the benefit of both communities.

The Catholic delegation took the opportunity to reiterate the historic teaching of the Vatican Council II Declaration 'Nostra Aetate' regarding the Divine Covenant with the Jewish People, ... and recalled the prayer for peace of Pope Benedict XVI when receiving the bilateral delegation in Rome on March 12 2009.

Pope Dedicates April Prayers to Youth

VATICAN CITY—Benedict XVI is dedicating the month of April to pray for the evangelization of youth.

The Apostleship of Prayer announced the intentions chosen by the Pope for this month. His general intention is: "That through its compelling preaching of the Gospel, the Church may give young people new reasons for life and hope."

The Pontiff's apostolic intention for April is: "That by proclamation of the Gospel and the witness of their lives, missionaries may bring Christ to those who do not yet know him."

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