Vatican Finances

The Latest

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

Jul 3, 2021

By Hannah Brockhaus

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

Jul 2, 2021

By Hannah Brockhaus

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

Jun 22, 2021

By CNA Staff

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

Jun 11, 2021

By Hannah Brockhaus

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

Jun 11, 2021

By CNA Staff

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

Jun 9, 2021

By Hannah Brockhaus

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

Jun 9, 2021

By Matt Hadro

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

Jun 3, 2021

By Courtney Mares

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

May 20, 2021

By Courtney Mares

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

May 19, 2021

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

May 12, 2021

By Hannah Brockhaus

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

May 6, 2021

By Hannah Brockhaus

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?

Apr 30, 2021

By Andrea Gagliarducci

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

The Vatican flag.

Will the Vatican pass the Moneyval test?

Apr 23, 2021

By Andrea Gagliarducci

There will be a lot at stake when Moneyval issues its long-awaited verdict on the Vatican’s financial system next week. Read more

A view of St. Peter's Basilica and Vatican flag -

Report: Vatican considering sale of London property at heart of financial scandal

Apr 20, 2021

By Hannah Brockhaus

Vatican sources reportedly say that the property is valued at about $369.1 million Read more

Police officer on duty at St Peter's square in Vatican City.

Italian judge issues arrest warrant for Gianluigi Torzi, who brokered Vatican property deal

Apr 12, 2021

By Courtney Mares

An Italian magistrate has issued an arrest warrant for Gianluigi Torzi, a broker who is under investigation due to his... Read more

Pope Francis meets members of the Tribunal of Vatican City State in the Apostolic Palace’s Hall of Blessings March 27, 2021

Pope Francis to Vatican tribunal: be guided by ‘founding principles of ecclesial life’

Mar 27, 2021

Pope Francis has said that the Vatican’s quest for transparency should be inspired by “the founding principles of ecclesial life”... Read more

Police officer on duty at St Peter's square in Vatican City.

UK judge overturns Vatican request to seize accounts of Italian broker

Mar 26, 2021

By Hannah Brockhaus

A judge has reversed the seizure of the accounts of an Italian broker under investigation by the Vatican, saying that... Read more