VATICAN CITY (AP) — The Vatican’s financial watchdog agency said Monday that “corrective measures” were necessary at the Holy See’s troubled bank to continue the path toward financial transparency and compliance with international anti-money laundering norms.

Financial Intelligence Authority Director Rene Bruelhart said a long-awaited investigation of the bank, known as the Institute for Religious Works, included looking into its practice of not disclosing the names of the true account holders in its transactions with Italian banks.