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A Vatican model of financial transparency

By Andrea Gagliarducci On 12 agosto 2013 · 1 Comment · In Vatican

The media called it «operation financial transparency». And it is. The work done within the Vatican Walls during the past few years was all intended to create a Vatican financial system to overcome the image of opacity and dubious dealings that – rightly or wrongly – was associated with Vatican financial matters.

In fact, [...]

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Vatican Finances. How the story began

By Andrea Gagliarducci On 11 febbraio 2013 · 1 Comment · In Vatican finances

Just one day after the death of Pope Pius XI, on February 10, 1939, Msgr. Angelo Pomata stood in front of a cahier’s window at Religious Works (the “ancestor” of the Institute for Religious Works). The cashier was Massimo Spada. Pomata was dispatched there by Eugenio Pacelli – who, after the death of the [...]

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Are the attacks on the Vatican anti money-laundering law attacks against Holy See sovereignty?

By Andrea Gagliarducci On 30 aprile 2012 · 5 Comments · In Vatican finances

Benedict XVI had been defined «the last of Benedictins». As Saint Benedict, who in 529 founds the monastery of Montecassino and from there – with the ora et labora, the collections and copy of texts, founds a new civilizations, so Benedict XVI goes over the scandals and the human problems of the [...]

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Babylon. Behind the quiet revolution of Benedict XVI, guerrilla. From inside and outside the Church

By Andrea Gagliarducci On 13 febbraio 2012 · 1 Comment · In Holy See

«The important thing is that the message, the response of Fatima, in substance is not directed to particular devotions, but precisely to the fundamental response, that is, to ongoing conversion, penance, prayer, and the three theological virtues: faith, hope and charity. […] As for the new things which we can find in this message [...]

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Behind the «bite and devour». Holy See improves anti-money laundering Vatican law.

By Andrea Gagliarducci On 6 febbraio 2012 · 1 Comment · In Holy See

January, the 25th, a new law n. 127 had been posted to a wall of a Vatican lodge. The new law immediately came into effect, since the posting is the form of the urgent decree. So, the Vatican has a new anti money-laundering law. Just a few are really aware of this, since Holy [...]

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I.O.R., is something going to change?

By Andrea Gagliarducci On 6 giugno 2011 · 1 Comment · In Vatican finances

Vatican State is still not in the “white list” of the virtous states for money laundering legislation. After the Monetary Convention of 17 December 2009 between Vatican City State and the European Union, and the new Vatican legislation for the prevention and countering of illegal activities in the financial and monetary sectors, Holy [...]

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