Vatican, a crucial week for reforms. With an eye on finances
The clock starts today for a very important week for the reform of the Church. The Council of Cardinals will begin its three-day meeting today. After that, informal meetings, until February 20 and 21, when the cardinals will gather in an ordinary public consistory. On Saturday, February 22 there will be a consistory [...]
Has Pope Francis displaced with his own trusted men the Curia’s leaders?
Pope Francis gave himself a «birthday gift». On December 17 the Pope received Cardinal Amato, the Prefect of the Congregation for the Causes of Saints. The Pope listened to the report that he asked Amato to write about Peter Faber, the first companion of St. Ignatius and “a model of virtue,” according to [...]
The Holy See path to adapt its legal system to international anti-money laundering standards has been quick, coherent and convincing, according to the «progress report» issued by the Council of Europe’s committee MONEYVAL on December 12.
«It is clear from this review – the report states in par. 128 – that much work [...]
Vatican Finances.External Consultants and Conflicts of Interest
The new statute of the Vatican Financial Information Authority (AIF) better aligns the Authority with new Vatican legislation, and with international standards. It also develops a new kind of Authority. Conceived by the drafter of the first Vatican money laundering law as a sort of «monocratic» authority (a Vatican dicastery presided by a [...]
Pope Francis and the Upcoming Meeting with the G8 of the Church
No doubt about it: every gesture by Pope Francis is a political signal. The time when his choices could be considered those of a naïve or inexperienced Pope is over. Every decision Pope Francis makes is signaling in which direction he wants to move the Church.
The eight cardinals charged with advising the Pope [...]
Just when the Vatican Secretary of State seems to be the only mark for a series of attacks, two news show that the Holy See is making important steps toward a reform intended to bring the Vatican City State to be a fully modern State with full financial transparency. The steps are [...]
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