Vatican Finances

The Latest

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

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