Vatican Finances
The Latest
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
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
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
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
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
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
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
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
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
‘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
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
Vatican accused of investing in companies making ‘morning-after pill’
An Italian investigative news program claimed that the Vatican’s treasury invested millions in pharmaceutical companies. Read more
In anti-corruption law, Pope Francis seeks to quash Vatican ‘envelope’ culture with ban on gifts over $50
The new regulation is part of a sweeping new anti-corruption law. Read more
Will the Vatican pass the Moneyval test?
There will be a lot at stake when Moneyval issues its long-awaited verdict on the Vatican’s financial system next week. Read more
Report: Vatican considering sale of London property at heart of financial scandal
Vatican sources reportedly say that the property is valued at about $369.1 million Read more
Italian judge issues arrest warrant for Gianluigi Torzi, who brokered Vatican property deal
An Italian magistrate has issued an arrest warrant for Gianluigi Torzi, a broker who is under investigation due to his... Read more
Pope Francis to Vatican tribunal: be guided by ‘founding principles of ecclesial life’
Pope Francis has said that the Vatican’s quest for transparency should be inspired by “the founding principles of ecclesial life”... Read more
UK judge overturns Vatican request to seize accounts of Italian broker
A judge has reversed the seizure of the accounts of an Italian broker under investigation by the Vatican, saying that... Read more
Report: Slovenian authorities charge Vatican ‘security consultant’ with money laundering
Slovenian authorities have reportedly filed preliminary charges against Vatican “security consultant” Cecilia Marogna. Read more
