Vatican Finances - Latest News :: Catholic News Agency (CNA)
Vatican Finances - Latest News
Mar 16, 2020 - 11:30 am .- The new law provides enhanced safeguards for the independence of judges and prosecutors in Vatican City.
Feb 19, 2020 - 02:30 pm .- The Vatican raid conducted on the chief prosecutor of the Church’s Apostolic Signatura sheds light on a network of companies and businessmen at the center of interrelated Vatican financial scandals. 
Feb 18, 2020 - 09:06 am .- Vatican authorities have seized documents and computers belonging to a senior curial official as part of an investigation into financial misconduct, the Holy See announced on Tuesday.
Jan 23, 2020 - 07:30 am .- The new head of the Vatican Financial Intelligence Authority (AIF) announced Thursday that the Vatican’s internal financial watchdog’s suspension from an international group has been revoked, and the AIF can resume collaboration with foreign financial intelligence units.
Dec 21, 2019 - 04:20 pm .- In recent weeks, CNA has been covering a Vatican financial scandal involving a multi-million-dollar investment fund, money donated by Catholics to support charity and Vatican ministries, and a pair of banks linked to money-laundering and bribery allegations.
Dec 18, 2019 - 04:50 pm .- Since October, CNA has been covering a Vatican financial scandal involving an investment in a London luxury apartment development through a controversial broker, a loan from a Swiss bank account associated with money laundering, and an attempt to hide the loan from the Vatican’s books.  
Dec 17, 2019 - 01:50 pm .- Two investment funds used by Vatican dicasteries were also used by a major Italian bank to conceal illegal investments for which the bank was eventually closed.
Dec 17, 2019 - 10:02 am .- Here’s the IDI scandal in a nutshell:
Dec 16, 2019 - 03:40 pm .- The Vatican’s unfolding financial scandal has not yet led to action at the Vatican. To understand why, it’s important to understand something about the scandal itself.
Dec 7, 2019 - 03:05 pm .- A fund in which the Vatican’s Secretariat of State has invested tens of millions of euros has links to two Swiss banks investigated or implicated in bribery and money laundering scandals involving more than one billion dollars. The fund is under investigation by Vatican authorities.
Nov 27, 2019 - 05:37 am .- Pope Francis Wednesday appointed an auditor and Italian banking consultant as president of the Financial Information Authority (AIF), the Vatican’s internal financial watchdog.
Nov 26, 2019 - 04:00 am .- Next month, the Holy See is due to send a report to Moneyval, the Council of Europe’s anti-money laundering watchdog, giving an update on its progress implementing they agency’s recommendations to improve Vatican financial standards. That report is likely to make for bleak reading in Strasbourg, but even more grim writing in the Vatican.
Nov 19, 2019 - 02:35 pm .- Developers acting for the Vatican Secretariat of State offered to raze a London parish hall and rectory and replace it with low-cost housing, in order to try to push through a luxury apartment development. The luxury development project involves two recently suspended Vatican employees, and a nest of Vatican-controlled holding companies led by an architect linked to accusations of money laundering and fraud involving Vatican accounts.
Nov 18, 2019 - 04:48 am .- The Vatican announced Monday that René Brüelhart, president of the Vatican’s Financial Information Authority (AIF) has ended a five-year term and Pope Francis has chosen his successor.
Nov 6, 2019 - 03:40 pm .- McCarrick made the intervention in December 2017, after objections were raised to the Vatican’s request of $25 million from the Papal Foundation, for a bankrupt Italian hospital, the Istituto Dermopatico dell’Immacolata (IDI). 
Oct 29, 2019 - 02:03 pm .- Cardinal Angelo Becciu and Cardinal Giuseppe Versaldi have been key players in a complicated series of financial transactions to finance the Vatican Secretariat of State’s 2015 acquisition of the hospital.
Nov 19, 2018 - 11:28 am .- A U.S.-based organization of Catholic business executives has decided not to collect from its members the portion of their dues that would constitute its 2019 donation to the Holy See.
Feb 12, 2018 - 03:00 pm .- A Vatican Court has found two former IOR senior managers liable for mismanagement, and ordered them to compensate the IOR for resulting damages.
Dec 11, 2017 - 01:30 pm .- The Council of Europe’s Moneyval committee has praised the Holy See’s financial intelligence unit, the Financial Information Authority, in a report published last week.
Oct 15, 2017 - 01:09 pm .- Vatican City announced Saturday the conclusion of the corruption trial of the former president and treasurer of the Vatican-owned Bambino Gesù hospital in Rome.