Vatican financial reform

The Latest

Cardinal George Pell.

Vatican officials: Swiss bank suspected of money laundering led to Pell conflict

Nov 21, 2019

By Ed Condon

The Holy See’s relationship with a disreputable Swiss bank triggered an internal dispute between the Secretariat of State and Vatican... Read more

Cardinal George Pell of Sydney speaks during a press conference at the Vatican Press Office on July 9, 2014.

Cardinal Pell objected to controversial Vatican hospital loan

Nov 5, 2019

By Ed Condon

A 50 million euro loan request to secure the purchase of a bankrupt hospital was vetoed by Cardinal George Pell... Read more

Cardinal (then Archbishop) Giovanni Angelo Becciu aboard the papal flight to Colombo, 2015.

Vatican’s $200 million London property deal financed with borrowed money, sources say

Nov 4, 2019

By Ed Condon

Senior Vatican sources have told CNA that a controversial Vatican investment in a London property development was financed with borrowed... Read more

Street in front of St Peter 's Basilica in the Vatican.

Vatican’s asset manager says Holy See is not going broke

Oct 22, 2019

The head of the Vatican’s sovereign asset management body has insisted that the Holy See is not headed for financial... Read more

St. Peter's Basilica.

After Vatican raid, 5 officials and employees suspended

Oct 2, 2019

An Italian news magazine has reported that five Vatican employees have been suspended following an Oct. 1 raid of offices... Read more

St. Peter's Dome.

Vatican's financial watchdog says progress slow, but steady

Apr 27, 2018

By Elise Harris

The Vatican's annual financial report this year showed that monitoring systems put into place nearly five years ago continue to... Read more

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

Vatican's first General Auditor resigns abruptly

Jun 20, 2017

In an unexpected move in the Holy See’s ongoing financial reform, the Vatican announced on Tuesday the resignation of Libero... Read more