{"id":28065,"date":"2012-03-20T10:46:10","date_gmt":"2012-03-20T14:46:10","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=28065"},"modified":"2012-03-20T10:46:10","modified_gmt":"2012-03-20T14:46:10","slug":"vatican-bank-image-hurt-as-jp-morgan-closes-account","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/03\/2012\/vatican-bank-image-hurt-as-jp-morgan-closes-account.html","title":{"rendered":"Vatican bank image hurt as JP Morgan closes account"},"content":{"rendered":"<p>Reuters &#8211; JP Morgan Chase\u00a0is closing the Vatican bank&#8217;s account with an Italian branch of the U.S. banking giant because of concerns about a lack of transparency at the Holy See&#8217;s financial institution, Italian newspapers reported.<\/p>\n<p>The move is a blow to the Vatican&#8217;s drive to have its bank included in Europe&#8217;s &#8220;white list&#8221; of states that comply with international standards against tax fraud and money-laundering.<\/p>\n<p>The bank, formally known as the Institute for Works of Religion (IOR), enacted major reforms last year in an attempt to get Europe&#8217;s seal of approval and put behind it scandals that have included accusations of money laundering and fraud.<\/p>\n<p><a href=\"http:\/\/uk.reuters.com\/article\/2012\/03\/19\/uk-vatican-bank-idUKBRE82I0P820120319\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reuters &#8211; JP Morgan Chase\u00a0is closing the Vatican bank&#8217;s account with an Italian branch of the U.S. banking giant because of concerns about a lack of transparency at the Holy See&#8217;s financial institution, Italian newspapers reported. The move is a [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-28065","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/28065","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=28065"}],"version-history":[{"count":2,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/28065\/revisions"}],"predecessor-version":[{"id":28067,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/28065\/revisions\/28067"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=28065"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=28065"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=28065"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}