Vatican Finances

The Latest

St. Peter's Basilica.

Financial authority updates Vatican offices on policies to fight money laundering

Jun 17, 2020

By Hannah Brockhaus

Members of the Vatican's financial watchdog authority met this week to update offices on regulations to fight money laundering and... Read more

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

Vatican officials grant bail to London property broker

Jun 15, 2020

The Vatican said Monday that officials had granted bail to the Italian businessman Gianluigi Torzi who was arrested as part... Read more

Pope Francis names lay finance expert as secretary of Vatican ‘central bank’

Jun 15, 2020

By Hannah Brockhaus

Pope Francis Monday appointed Fabio Gasperini, an Italian financial adviser working at Ernst and Young, to the second-ranking position at... Read more

Dome of St. Peter's basilica, Vatican City.

Analysis: Is the Torzi arrest a beginning or an end?

Jun 9, 2020

By Ed Condon

The arrest of Italian businessman Gianluigi Torzi for financial crimes was a major event. How “major” depends on if prosecutors see his arrest as the... Read more

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

Vatican officials arrest London property broker for extortion and money laundering

Jun 5, 2020

The Holy See press office announced Friday that Italian businessman Gianluigi Torzi has been arrested after he was interrogated as... Read more

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

Analysis: Vatican financial reform begins in earnest. Again.

Jun 1, 2020

By Ed Condon

On Monday, Pope Francis published sweeping new laws governing Vatican financial dealings. But the new laws are not really that new:... Read more

St. Peter's Basilica.

Pope Francis issues law to combat corruption in Vatican financial transactions

Jun 1, 2020

By Hannah Brockhaus

Pope Francis Monday promulgated a new law intended to prevent corruption and control spending in Vatican City State and Holy... Read more

Swiss policeman.

Swiss accounts frozen in Vatican property deal probe

May 29, 2020

Tens of millions of euros have been frozen in Swiss banks as part of the investigation into a Vatican property... Read more

Pope Francis speaks with Vatican Secretary of State, Cardinal Pietro Parolin during his visit to Lima's Cathedral on January 21, 2018.

Analysis: Could curial politics stop a Vatican finance trial?

May 13, 2020

By Ed Condon

As details continue to emerge about a raft of financial scandals at the Vatican Secretariat of State, some observers have... Read more

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

Vatican official was director in London property broker's company

May 11, 2020

By Ed Condon

As the Vatican’s Secretariat of State finalized its purchase of a London luxury apartment building, a lay secretariat official who... Read more

St. Peter's Basilica and square closed to public March 10, 2020.

Vatican confirms ‘individual measures’ taken against staff in financial investigation

May 1, 2020

The Holy See has announced that new "measures" have been taken against officials at the Vatican Secretariat of State as... Read more

St. Peter's Basilica.

New director named for Vatican financial watchdog authority

Apr 15, 2020

The Vatican has named a new director for its internal financial watchdog.   Read more

Valletta, Malta.

Malta court authorizes seizure of €29 million in Vatican bank assets

Apr 9, 2020

By Ed Condon

A Maltese court has authorized the seizure of assets belonging to the Institute for Works of Religion (IOR), commonly called... Read more

Skyline of the Octagonal Court in Pio-Clementino Museum, Vatican City.

Pope Francis reforms Vatican City courts with new law

Mar 16, 2020

The new law provides enhanced safeguards for the independence of judges and prosecutors in Vatican City.  Read more

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

London to Malta via Rome: Following the money in Vatican financial scandals

Feb 19, 2020

By Ed Condon

The Vatican raid conducted on the chief prosecutor of the Church’s Apostolic Signatura sheds light on a network of companies... Read more

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

Vatican official raided over London property deal investigation

Feb 18, 2020

Vatican authorities have seized documents and computers belonging to a senior curial official as part of an investigation into financial... Read more

St. Peter's Basilica.

Suspension revoked for Vatican’s financial watchdog authority

Jan 23, 2020

By Courtney Mares

The new head of the Vatican Financial Intelligence Authority (AIF) announced Thursday that the Vatican’s internal financial watchdog’s suspension from... Read more

Valletta, Malta, where Gamma Capital and the Centurion Global Fund share an office.

The Vatican-Centurion Global financial scandal: A CNA explainer

Dec 21, 2019

In recent weeks, CNA has been covering a Vatican financial scandal involving a multi-million-dollar investment fund, money donated by Catholics... Read more

The Vatican-London investment scandal: A CNA explainer

Dec 18, 2019

Since October, CNA has been covering a Vatican financial scandal involving an investment in a London luxury apartment development through... Read more

Raffaele Mincione.

Vatican’s investment funds were vehicles for Italian bank fraud

Dec 17, 2019

By Ed Condon

Two investment funds used by Vatican dicasteries were also used by a major Italian bank to conceal illegal investments for... Read more