Feb 18, 2014 - 11:54 am .- Spokesman Father Federico Lombardi says that the council of eight cardinals spent their second day of meetings discussing the so-called “Vatican Bank,” however no decisions have yet been made.
Jan 23, 2014 - 12:04 am .- An arrested priest who formerly served as an accountant in the Vatican now faces charges he falsely solicited donations, laundered them through the 'Vatican bank', and put them to his personal use.
Jan 10, 2014 - 02:07 am .- Pope Francis could be considering a reshuffle of the cardinals commission of the Institute for Religious Works, the so-called “Vatican bank,” also known by the Italian acronym of IOR.
Dec 16, 2013 - 12:03 pm .- Pope Francis' recent interview with Italian newspaper La Stampa Dec. 15 addressed some of the more political issues in the Church, including reform of the curia and changes to the Vatican banking system.
Dec 13, 2013 - 12:04 am .- The European body responsible for monitoring financial transparency issued a report Dec. 12 detailing the progress made by the Vatican's financial bodies.
Dec 4, 2013 - 11:59 am .- The Vatican's financial watchdog, the Financial Information Authority, has signed a memorandum of understanding with its German counterpart, the Federal Criminal Police Office.
Oct 15, 2013 - 03:33 pm .- The Holy See's new anti-money laundering law signals that the Vatican is clearly taking the path to full financial transparency, according to the director of the state's Financial Information Authority.
Oct 4, 2013 - 12:10 am .- The Vatican Bank confirmed a commitment to full financial transparency Oct. 1 by publishing its first Annual Report.
Aug 15, 2013 - 02:02 am .- The Vatican accountant who was recently suspended for allegedly trying to smuggle $26 million had been part of a group known as “The Flock,” which has supposed Mafia connections.
Aug 7, 2013 - 09:04 am .- The Vatican’s judicial authorities have requested that their Italian counterparts interrogate Monsignor Nunzio Scarano about withdraws he made from his Vatican bank account, putting a brand new agreement between the two countries to its first test.
Jul 31, 2013 - 04:40 pm .- The Institute for Religious Works, informally known as the Vatican Bank, has launched a new website intended to advance transparency about the institute at a time of controversy.
Jul 29, 2013 - 05:23 am .- The Vatican and Italy have reached an agreement on sharing financial information that will help the two countries prevent money laundering and the financing of terrorism.
Jul 26, 2013 - 11:00 am .- The Vatican and Italy will soon sign a Memorandum of Understanding between their financial authorities to regulate data exchange, but this agreement is not tied to the recent scandals involving the so-called Vatican bank.
Jul 15, 2013 - 05:20 am .- Although the Vatican froze funds belonging to Monsignor Nunzio Scarano after the Italian police arrested him, the hold on his account at the Vatican’s Institute for Religious Works and his suspension from work are related to a separate case of alleged money laundering.
Jul 12, 2013 - 06:40 am .- The Vatican announced it has frozen the funds of a senior accountant who is accused of laundering money through the so-called Vatican bank.
Jul 4, 2013 - 10:38 am .- News that Vatican Financial Intelligence Authority (AIF) has been admitted to a global network of financial oversight agencies proves that the Vatican is threading an international and multilateral path to adhere to international standards.
Jul 1, 2013 - 04:27 pm .- Paolo Cipriani, director of the IOR, or “Vatican Bank,” resigned today, along with his deputy, Massimo Tulli, “in the best interest of the institute and the Holy See,” according to a Vatican statement.
Jun 28, 2013 - 10:35 am .- The Vatican said it is ready to collaborate in the investigation of one of its accountants who was arrested today over allegations of corruption and slander.
Jun 26, 2013 - 02:02 pm .- The appointment of a new Pontifical Commission to advise Pope Francis about the Institute for Religious Works, usually called the Vatican bank, was desired expressly by the Pope local sources say.
Jun 17, 2013 - 10:30 am .- The temporary selection of a prelate for the so-called Vatican Bank shows Pope Francis is waiting for the advice of the cardinals he tapped as advisors before deciding the fate of the financial institute, according to a source in the Vatican’s Secretariat of State.
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