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Vatican denounces offshore tax havens as threats to the poor

Updated : May 17, 2018 03:05 PM IST

In a new document released Thursday, the Vatican's doctrine office teamed up with its social justice department to give a more solid moral foundation to the Holy See's oft-repeated call for a more ethical global financial system.
The document, approved by Pope Francis, calls for banks to create internal ethical committees to ensure decisions work for the common good and not just individual corporate bottom lines.
Vatican denounces offshore tax havens as threats to the poor

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