Vatican Finances

The Latest

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

New members of the Vatican bank cardinals' commission named

Jan 16, 2014

The Commission of Cardinals overseeing the Institute for the Works of Religion, or “Vatican bank”, were named on Wednesday; of... Read more

St. Peter's Basilica.

New rules for Vatican financial oversight approved by Pope

Nov 18, 2013

Pope Francis on Nov. 15 approved a new document on the rules for the Holy See's financial oversight agency to... Read more

René Brülhart, Director of the Vatican Financial Information Authority, speaks to the press about the Vatican's finances on May 22, 2013. Estefania Aguirre/CNA.

Pope strengthens financial crimes laws, oversight body

Aug 8, 2013

Pope Francis has issued a declaration that increases the power of the Financial Information Authority and continues the Vatican's efforts... Read more

St. Peter's Basilica as seen on the night of Feb. 13, 2013. Stephen Driscoll/CNA.

Vatican interrogation request is first test of financial agreement

Aug 7, 2013

By Andrea Gagliarducci

The Vatican’s judicial authorities have requested that their Italian counterparts interrogate Monsignor Nunzio Scarano about withdraws he made from his... Read more

CNA

Vatican Bank's new website aims for transparency

Jul 31, 2013

The Institute for Religious Works, informally known as the Vatican Bank, has launched a new website intended to advance transparency... Read more

CNA

Vatican, Italy sign money laundering prevention agreement

Jul 29, 2013

The Vatican and Italy have reached an agreement on sharing financial information that will help the two countries prevent money... Read more

The Institute for Religious Works or the Vatican Bank as it is commonly known. File Photo CNA.

Vatican-Italy financial pact not linked to Msgr. Scarano case

Jul 26, 2013

By Andrea Gagliarducci

The Vatican and Italy will soon sign a Memorandum of Understanding between their financial authorities to regulate data exchange, but... Read more

CNA

Vatican money freeze tied to second Msgr. Scarano case

Jul 15, 2013

By Andrea Gagliarducci

Although the Vatican froze funds belonging to Monsignor Nunzio Scarano after the Italian police arrested him, the hold on his... Read more

The Institute for Religious Works or the Vatican Bank as it is commonly known. File Photo/CNA.

Vatican freezes funds of suspended accountant

Jul 12, 2013

The Vatican announced it has frozen the funds of a senior accountant who is accused of laundering money through the... Read more

Professor Giuseppe Dalla Torre and Father Federico Lombardi (L to R) present the changes made by Pope Francis July 11, 2013 to the Vatican's criminal code.

Pope's legal changes respond to globalization of crime

Jul 11, 2013

Pope Francis took a step forward in modernizing the Vatican’s legal code today by explicitly listing certain acts as crimes... Read more

Rene Brulhart, Director of the Vatican Financial Information Authority, speaks to the press about the Vatican's finances on May 22, 2013.

Despite setbacks, Vatican Bank undergoing important evolution

Jul 4, 2013

By Andrea Gagliarducci

News that Vatican Financial Intelligence Authority (AIF) has been admitted to a global network of financial oversight agencies proves that... Read more

CNA

Vatican bank president focusing on image change

May 31, 2013

The new head of the Vatican’s Institute for Works of Religion, Ernst von Freyberg, says his main goal is to... Read more

Rene Brulhart, Director of the Vatican Financial Information Authority, speaks to the press about the Vatican's finances on May 22, 2013.

Vatican's financial intelligence unit nets suspicious activity

May 22, 2013

The Vatican revealed that its enhanced procedures have enabled it to flag more suspicious transactions in 2012 than it did... Read more

CNA

Vatican bank plans website launch, annual report

May 16, 2013

The institution often called the Vatican bank will launch a new website and begin publishing its annual report, as it... Read more

CNA

Vatican, US sign anti-money-laundering memo

May 8, 2013

The Vatican continued its efforts to update its financial standards by signing an agreement with the United States to allow... Read more

 Pope Francis in St. Peter's Square on March 19, 2013 for his installation.

Financial decisions key factor in Pope's reform drive

Apr 17, 2013

By Andrea Gagliarducci

One month into his papacy, Pope Francis has made his first episcopal and administrative appointments and has met with heads... Read more

St. Peter's Basilica as seen from the Braccia Carlo Magno arm of the colonnade. CNA file photo.

Vatican response to financial evaluation will exceed requirements

Apr 10, 2013

The Vatican plans to demonstrate its commitment to financial transparency by presenting progress it has made in areas the Council... Read more

St. Peter's Basilica/CNA.

Vatican hopes to resume accepting credit card payments

Jan 23, 2013

With credit card transactions suspended in Vatican City since the new year, three-way talks are due to be held among... Read more

St. Peter's Basilica and the Vatican flag. File Photo.

Vatican official surprised by Italian bank's credit card halt

Jan 15, 2013

The Bank of Italy's decision to not accept credit cards from foreign banks anymore at the Vatican has stunned a... Read more

Monsignor Ettore Balestrero, the Holy See’s Under-Secretary for Relations with States, speaks at a July 18, 2012 press conference.

Vatican welcomes largely positive report on financial transparency

Jul 18, 2012

The Vatican is welcoming a largely positive report from the European body responsible for monitoring financial transparency, while also committing... Read more