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Vatican Finances.External Consultants and Conflicts of Interest

By Andrea Gagliarducci On 25 novembre 2013 · 1 Comment · In Vatican finances

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 [...]

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Vatican finances under the microscope

By Andrea Gagliarducci On 27 maggio 2013 · 1 Comment · In Vatican

A screening of the IOR accounts is “ongoing”, according to René Bruelhart, director of the Vatican Authority for Financial Information (AIF). Bruelhart also underlines that a reform of the oversight on Vatican finances is in process as well. One of the pillars of this reform will be preventive supervision – as requested by the [...]

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Vatican finances, the IOR will publish its balance sheet

By Andrea Gagliarducci On 19 maggio 2013 · 1 Comment · In Vatican finances

How much money is there in the so-called «Vatican bank», the Institute for Religious Works (IOR) and how is it invested and used? Soon, this information will be in the public domain. The IOR will have an internet website, where its annual balance sheet will be posted. Although the IOR is a [...]

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