IOR

The Latest

The flag of Vatican City with St. Peter’s Basilica in the background.

Vatican amends financial law amid Moneyval inspection

Oct 10, 2020

The Vatican unveiled changes to a landmark law on transparency, supervision, and financial intelligence Saturday, saying that the move would strengthen... Read more

Valletta, Malta.

Malta court authorizes seizure of €29 million in Vatican bank assets

Apr 9, 2020

By Ed Condon

A Maltese court has authorized the seizure of assets belonging to the Institute for Works of Religion (IOR), commonly called... Read more

Mary Ann Glendon, who resigned from the IOR's Board of Superindentence Feb. 16, 2018.

Mary Ann Glendon resigns from Vatican Bank oversight board

Feb 16, 2018

Prominent American professor Mary Ann Glendon has resigned from the Board of Superintendence which oversees the Institute of Religious Works,... Read more

St. Peter's Basilica.

Analysis: Two former IOR senior managers found guilty of mismanagement

Feb 12, 2018

By Andrea Gagliarducci

A Vatican Court has found two former IOR senior managers liable for mismanagement, and ordered them to compensate the IOR... Read more

A view of the facade of St. Peter's Basilica from the Vatican's Apostolic Palace.

Annual report shows progress in Vatican financial transparency

May 16, 2017

By Elise Harris

The Vatican’s 2016 AIF financial report shows the trend toward transparency of previous years has continued, with a drop in... Read more

The Institute for Religious Works, or 'Vatican bank'. (File Photo/CNA).

For the Vatican bank, a new direction means profitability

May 27, 2015

By Andrea Gagliarducci

The Vatican Bank’s net profits in 2014 jumped to $75.5 million from only $3.2 million the previous year, reflecting a... Read more

The Institute for Religious Works, or 'Vatican Bank'. (File Photo/CNA).

Italy's return of millions to 'Vatican bank' indicates financial reform

Nov 21, 2014

The recent return to the “Vatican bank” of some $28.8 million, seized because of alleged money laundering, closes a story... Read more

The Institute for Religious Works, or 'Vatican Bank'. (File Photo/CNA).

Vatican bank starts second phase of reform effort

Jul 17, 2014

The Institute for Religious Works, or 'Vatican Bank', has released its annual report for 2013, announcing the start of the... Read more

Cardinal George Pell, prefect of the Secretariat for the Economy, speaks at the Vatican press office, July, 9, 2014.

Holy See announces new economic, communications framework

Jul 9, 2014

The Vatican announced Wednesday major changes to both its economic and communications frameworks, including an increased role for the Secretariat... Read more

The Institute for Religious Works, or 'Vatican bank'. (File Photo/CNA).

Vatican bank releases balance sheet, continues reform

Jul 8, 2014

The Institute for the Works of Religion, or “Vatican bank”, published its 2013 financial statement Tuesday, concluding the first step... Read more

The Institute for Religious Works, or 'Vatican Bank'. (File Photo/CNA).

Pope Francis reaffirms importance of Vatican bank's mission

Apr 7, 2014

Pope Francis approved a proposal Monday on the future of the Institute for Religious Works, commonly known as the “Vatican... Read more

The Institute for Religious Works, or 'Vatican Bank'. (File Photo/CNA).

New members of the Vatican bank cardinals' commission named

Jan 16, 2014

The Commission of Cardinals overseeing the Institute for the Works of Religion, or “Vatican bank”, were named on Wednesday; of... Read more

Rene Brülhart, director of the Vatican Financial Information Authority, speaks to the press about the Vatican's finances, May 22, 2013.

Vatican finance group signs agreement with German counterpart

Dec 4, 2013

The Vatican's financial watchdog, the Financial Information Authority, has signed a memorandum of understanding with its German counterpart, the Federal... Read more