Vatican Finances
The Latest
Pope separates oversight, administration in ongoing reform of Vatican finances
A new set of reforms further clarifying the roles of Vatican financial offices was announced July 9, implementing changes set... Read more
Vatican pens new contract with global auditing firm
After putting a freeze on their contract with external auditor PricewaterhouseCoopers in April, the Vatican has announced a new agreement... Read more
Vatican financial reform aims to help the Church do its job better
The Vatican’s recent financial reforms have the common good – not just efficiency – as their end, said an economist... Read more
Vatican launches investigation of journalists who published leaked docs
The two Italian journalists who made headlines last week for authoring books on confidential Vatican financial documents are under investigation,... Read more
For the Vatican bank, a new direction means profitability
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
Vatican Appointments: Cardinal Versaldi to Congregation for Catholic Education
Tuesday's appointment of Cardinal Giuseppe Versaldi as prefect of the Congregation for Catholic Education, together with Cardinal Rainer Maria Woelki's... Read more
Vatican bank starts second phase of reform effort
The Institute for Religious Works, or 'Vatican Bank', has released its annual report for 2013, announcing the start of the... Read more
Vatican bank releases balance sheet, continues reform
The Institute for the Works of Religion, or “Vatican bank”, published its 2013 financial statement Tuesday, concluding the first step... Read more
Vatican reinforces financial cooperation with US
The Financial Intelligence Authority, the Vatican’s financial watchdog, has agreed to exchange information with the U.S. government, significantly strengthening international... Read more
Cardinals council zeroes-in on Vatican management, finances
On the second of four days of meetings, the council of eight cardinals discussed the management of the Vatican State... Read more
New members of the Vatican bank cardinals' commission named
The Commission of Cardinals overseeing the Institute for the Works of Religion, or “Vatican bank”, were named on Wednesday; of... Read more
New rules for Vatican financial oversight approved by Pope
Pope Francis on Nov. 15 approved a new document on the rules for the Holy See's financial oversight agency to... Read more
Pope strengthens financial crimes laws, oversight body
Pope Francis has issued a declaration that increases the power of the Financial Information Authority and continues the Vatican's efforts... Read more
Vatican interrogation request is first test of financial agreement
The Vatican’s judicial authorities have requested that their Italian counterparts interrogate Monsignor Nunzio Scarano about withdraws he made from his... Read more
Vatican Bank's new website aims for transparency
The Institute for Religious Works, informally known as the Vatican Bank, has launched a new website intended to advance transparency... Read more
Vatican, Italy sign money laundering prevention agreement
The Vatican and Italy have reached an agreement on sharing financial information that will help the two countries prevent money... Read more
Vatican-Italy financial pact not linked to Msgr. Scarano case
The Vatican and Italy will soon sign a Memorandum of Understanding between their financial authorities to regulate data exchange, but... Read more
Vatican money freeze tied to second Msgr. Scarano case
Although the Vatican froze funds belonging to Monsignor Nunzio Scarano after the Italian police arrested him, the hold on his... Read more
Vatican freezes funds of suspended accountant
The Vatican announced it has frozen the funds of a senior accountant who is accused of laundering money through the... Read more
Pope's legal changes respond to globalization of crime
Pope Francis took a step forward in modernizing the Vatican’s legal code today by explicitly listing certain acts as crimes... Read more
