Vatican Finances

The Latest

Giovanni Angelo Becciu, former prefect of the Congregation for the Causes of Saints, pictured June 27, 2019.

Cardinal Becciu present at first day of Vatican finance trial

Becciu is one of 10 defendants in the Vatican’s largest trial for financial crimes in modern times. Read more

Cardinal Reinhard Marx, president of the Vatican’s Council for the Economy.

Vatican economy council meets in person to discuss investment policy

The pandemic has increased the pressure on the Vatican’s already tight budget. Read more

The Vatican flag.

Vatican’s financial watchdog highlights ‘increasing trend’ in reports to Promoter of Justice

The agency said the Vatican compared favorably to other jurisdictions. Read more

In London deal indictment, what is missing has a meaning, too

The unprecedented indictment of a cardinal and nine people in the so-called Vatican-London deal is noteworthy as much for what... Read more

Cardinal Giovanni Angelo Becciu, center, in 2015.

Why has a Vatican judge ordered Cardinal Becciu and nine others to stand trial?: A CNA explainer

CNA's overview of a Vatican finance trial announced to start later this month. Read more

Giovanni Angelo Becciu, former prefect of the Congregation for the Causes of Saints, pictured June 27, 2019.

Cardinal Becciu to stand trial at Vatican for embezzlement and abuse of office

The Vatican court announced it will hold a trial in connection with the Secretariat of State’s purchase of a London... Read more

St. Peter’s Square.

Report: Secretariat of State official paid by Swiss bank for Vatican accounts

Italian media have reported that the bank gave a lay Vatican official a “finder’s fee.” Read more

Fr. Juan Antonio Guerrero Alves.

Vatican economy secretariat issues regulations on new norms for awarding public contracts

The new regulations “apply to all purchases of services, supplies, and works.” Read more

Cardinal Angelo Becciu.

Vatican Becciu investigation: Searches carried out at Sardinian diocese, social cooperative

The searches were carried out in Cardinal Angelo Becciu’s former diocese. Read more

The Institute for Religious Works, commonly known as the ‘Vatican bank.’ Credit: Joi via Flickr (CC BY 2.0).

Vatican bank reports $44 million profit in pandemic year

The Institute for Religious Works is giving 75% of the profits to the pope. Read more

Financial watchdog tells Vatican to improve judicial action on crime

The Moneyval report noted improvements to the Vatican’s regulations to fight money laundering. Read more

Cardinal George Pell

EXCLUSIVE: Cardinal Pell calls for better fiscal accountability at the Vatican

Cardinal George Pell – the former prefect of the Vatican’s Secretariat for the Economy – called for stronger fiscal accountability... Read more

The dome of St. Peter’s Basilica.

IRS recognizes Vatican’s steps to prevent fraud

The IRS says that Vatican City State meets its international standards for customer due diligence. Read more

Vatican City flag waiving over St. Peter's dome - Bohumil Petrik / CNA

Modernizing Vatican finances a ‘huge task,’ says economy council member

Ruth Kelly is one of seven lay people on the Vatican Council for the Economy. Read more

Westminster Magistrates’ Court in London, England.

Judge sets bail of $1.6 million for Italian broker Gianluigi Torzi

The businessman helped to broker the Vatican’s controversial purchase of a London investment property Read more

London, England.

Italian broker for Vatican’s London property arrested in UK

The arrest, which took place May 11 in London, was requested by an Italian judge. Read more

St. Peter's Dome.

‘Security consultant’ says Cardinal Becciu asked her to compile ‘files’ on Vatican personnel

Cecilia Marogna made the allegation in an interview aired on an Italian investigative news program. Read more

St. Peter's Dome.

Is the Vatican’s new judicial activism good for the Holy See?

The Vatican judicial system is pursuing cases of financial wrongdoing like never before. But there is a downside. Read more