APSA

The Latest

Bishop Nunzio Galantino, president of APSA.

Vatican increasing ‘liquid’ assets as it faces financial impact of pandemic, economic officials say

Jul 24, 2021

By Hannah Brockhaus

The Vatican's balance sheet showed a deficit of $78 million in 2020. Read more

Bishop Gustavo Zanchetta.

Argentine Bishop Zanchetta ends Vatican job at APSA

Jun 22, 2021

By Hannah Brockhaus

A source said that the bishop finished his service around 10 or more days ago. Read more

The banner at the entrance of the APSA office in the Vatican.

Vatican accused of investing in companies making ‘morning-after pill’

Apr 29, 2021

By Hannah Brockhaus

An Italian investigative news program claimed that the Vatican’s treasury invested millions in pharmaceutical companies. Read more

Bishop Nunzio Galantino in Rome, Feb. 18, 2014.

Vatican bishop: Ethics committee will guide future investments

Nov 19, 2020

By Hannah Brockhaus

A Vatican bishop said this week that a committee of outside professionals is being created to help keep Holy See... Read more

Cardinal Pietro Parolin celebrates Mass in St. Peter's Basilica on April 27, 2017.

Pope Francis transfers financial administration out of Secretariat of State

Nov 5, 2020

By Hannah Brockhaus

Pope Francis has requested that all responsibility for financial funds and real estate assets, including a controversial London property, be... Read more

The AIF in the Vatican.

Analysis: 2020, the year to make or break Vatican finances?

Jul 10, 2020

By Ed Condon

The Holy See is facing a perfect storm of a massive income shortfall, months of financial scandal, and a looming... Read more

Pope Francis moves financial records office under Secretariat for Economy

May 20, 2020

By Hannah Brockhaus

Pope Francis Wednesday moved the office of the Vatican’s financial records database under the management of the Secretariat for the... Read more

Cardinal George Pell.

Vatican officials: Swiss bank suspected of money laundering led to Pell conflict

Nov 21, 2019

By Ed Condon

The Holy See’s relationship with a disreputable Swiss bank triggered an internal dispute between the Secretariat of State and Vatican... Read more

Pope Francis meets with Bishop Gustavo Zanchetta.

Police raid former offices of Argentine bishop charged with fraud, sex assault

Nov 8, 2019

Local civil authorities on Thursday raided the chancery of the Diocese of Orán, where Gustavo Oscar Zanchetta was bishop from... Read more

Then-Archbishop Angelo Becciu, as substitute at the Secretariat of State, with Vatican Gendarme Captain Giani Domenico in 2012.

Becciu says $200 million London property deal was ‘accepted practice’

Oct 30, 2019

By Ed Condon

Cardinal Angelo Becciu has denied any impropriety in a real estate investment made with Vatican funds and insisted that he... Read more

St. Peter's Basilica.

Hospital loan and Papal Foundation controversy land Vatican bank in regulatory spotlight

Oct 24, 2019

By Ed Condon

The head of the Vatican's central bank appeared to admit this week to a transaction that could be a violation... Read more

Street in front of St Peter 's Basilica in the Vatican.

Vatican’s asset manager says Holy See is not going broke

Oct 22, 2019

The head of the Vatican’s sovereign asset management body has insisted that the Holy See is not headed for financial... Read more

Argentine bishop at Holy See financial office investigated for sex abuse

Jan 4, 2019

Bishop Gustavo Oscar Zanchetta, an Argentine native appointed to the Administration of the Patrimony of the Apostolic See in 2017,... 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

Special adviser appointed to Vatican's 'central bank'

Apr 8, 2014

The Secretariat for the Economy appointed Saturday Franco Dalla Sega as “ad interim” special adviser to the extraordinary section of... Read more

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

Former Vatican accountant faces further corruption charges

Jan 23, 2014

An arrested priest who formerly served as an accountant in the Vatican now faces charges he falsely solicited donations, laundered... Read more

St. Peter's Square.

Vatican finance reform shows different opinions about process

Oct 21, 2013

As Vatican City commits to financial transparency, the hiring of a risk-management company to review the Administration of the Patrimony... Read more