Vatican Finances

The Latest

The Vatican and IDI financial scandal: A CNA explainer

Dec 17, 2019

Here’s the IDI scandal in a nutshell:  Read more

St. Peter's Basilica.

Analysis: The Vatican's finance scandal, and faithful stewardship

Dec 16, 2019

By JD Flynn

The Vatican’s unfolding financial scandal has not yet led to action at the Vatican. To understand why, it’s important to... Read more

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

Vatican investments linked to global money laundering investigations

Dec 7, 2019

By Ed Condon

A fund in which the Vatican’s Secretariat of State has invested tens of millions of euros has links to two... Read more

St. Peter's Basilica.

Pope names financial supervisor president of watchdog authority

Nov 27, 2019

By Hannah Brockhaus

Pope Francis Wednesday appointed an auditor and Italian banking consultant as president of the Financial Information Authority (AIF), the Vatican’s... Read more

Secretary of State of the Holy See Cardinal Pietro Parolin during a meeting with President of Ukraine, June, 2016.

Analysis: What will the Vatican tell Moneyval?

Nov 26, 2019

By Ed Condon

Next month, the Holy See is due to send a report to Moneyval, the Council of Europe’s anti-money laundering watchdog,... Read more

London.

Vatican’s London luxury development company, with ties to alleged financial crime, offered to raze parish rectory

Nov 19, 2019

By Ed Condon

Developers acting for the Vatican Secretariat of State offered to raze a London parish hall and rectory and replace it... Read more

Rene Bruelhart.

President of Vatican's financial watchdog authority ends term

Nov 18, 2019

By Hannah Brockhaus

The Vatican announced Monday that René Brüelhart, president of the Vatican’s Financial Information Authority (AIF) has ended a five-year term... Read more

Theodore McCarrick.

McCarrick: Foundation ‘irresponsible’ to question controversial Vatican grant

Nov 6, 2019

By Ed Condon

McCarrick made the intervention in December 2017, after objections were raised to the Vatican’s request of $25 million from the... Read more

His Eminence Giovanni Angelo Becciu, Prefect of the Congregation for the Causes of Saints, June 27, 2019.

Vatican cardinals linked to missing millions and financial scandal

Oct 29, 2019

By Ed Condon

Cardinal Angelo Becciu and Cardinal Giuseppe Versaldi have been key players in a complicated series of financial transactions to finance... Read more

St. Peter's Basilica.

Legatus will not collect 2019 tithe to Holy See

Nov 19, 2018

A U.S.-based organization of Catholic business executives has decided not to collect from its members the portion of their dues... Read more

St. Peter's Basilica.

Analysis: Two former IOR senior managers found guilty of mismanagement

Feb 12, 2018

By Andrea Gagliarducci

A Vatican Court has found two former IOR senior managers liable for mismanagement, and ordered them to compensate the IOR... Read more

Analysis: What the Vatican does to stop money laundering

Dec 11, 2017

By Andrea Gagliarducci

The Council of Europe’s Moneyval committee has praised the Holy See’s financial intelligence unit, the Financial Information Authority, in a... Read more

A view of St. Peter's Basilica in Vatican City, Jan. 25, 2015.

Vatican City court finds former hospital president guilty of corruption

Oct 15, 2017

By Hannah Brockhaus

Vatican City announced Saturday the conclusion of the corruption trial of the former president and treasurer of the Vatican-owned Bambino... Read more

A view of St. Peter's Basilica in Vatican City Jan. 25, 2015.

Vatican responds to allegations that ex-auditor was ousted

Sep 24, 2017

By Elise Harris

The Vatican has issued a response to allegations made by former auditor general Libero Milone, who, three months after mysteriously... Read more

A view of the facade of St. Peter's Basilica from the Vatican's Apostolic Palace.

Annual report shows progress in Vatican financial transparency

May 16, 2017

By Elise Harris

The Vatican’s 2016 AIF financial report shows the trend toward transparency of previous years has continued, with a drop in... Read more

Cardinal George Pell, prefect of the Secretariat for the Economy, outside Rome's Hotel Quirinale, March 3, 2016.

Cardinal Pell's office dismisses attacks as opposition to reform

Jan 17, 2017

In reaction to a new book claiming that Pope Francis has in fact done little to combat clerical sex abuse,... Read more

Pope separates oversight, administration in ongoing reform of Vatican finances

Jul 9, 2016

By Ann Schneible

A new set of reforms further clarifying the roles of Vatican financial offices was announced July 9, implementing changes set... Read more

A view of the facade of St. Peter's Basilica from the Vaticans Apostolic Palace.

Vatican pens new contract with global auditing firm

Jun 10, 2016

By Elise Harris

After putting a freeze on their contract with external auditor PricewaterhouseCoopers in April, the Vatican has announced a new agreement... Read more

A view of the facade of St. Peter's Basilica from the Vatican's Apostolic Palace.

Vatican financial reform aims to help the Church do its job better

Feb 7, 2016

By Matt Hadro

The Vatican’s recent financial reforms have the common good – not just efficiency – as their end, said an economist... Read more

Vatican spokesman Fr. Lombardi SJ speaks with journalists during a July 14, 2014 press conference.

Vatican launches investigation of journalists who published leaked docs

Nov 12, 2015

By Elise Harris

The two Italian journalists who made headlines last week for authoring books on confidential Vatican financial documents are under investigation,... Read more