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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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Holy See makes one more step toward financial transparency. While a subtle battle is fought behind the curtains.

By Andrea Gagliarducci On 19 marzo 2012 · Leave a Comment · In Holy See

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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Financial transparency and Holy See. Chronicles of an anniversary

By Andrea Gagliarducci On 2 gennaio 2012 · 1 Comment · In Vatican

One year ago – it was the 30th of December 2010 – the publication of the Benedict XVI’s Motu Proprio for the prevention and countering of illegal activities in the area of monetary and financial dealings was considered one of the most important news. The Motu Proprio extended to the Holy See the [...]

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Vatican puzzle. How the Roman Curia is going to change.

By Andrea Gagliarducci On 29 agosto 2011 · Leave a Comment · In Holy See

When he was appointed as Papal nuncio in Israel, he had a Muslim barber. For years, this barber asked about Abouna Boutros, Father Pietro. This is how Pietro Sambi was known in Jerusalem. Since 2005, Sambi was Papal nuncio in Washington, and this year he was ready to be nominated Prefect of [...]

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The Holy See toward financial transparency. With some contraindication.

By Andrea Gagliarducci On 15 agosto 2011 · Leave a Comment · In Vatican

Within the next 4th of September, the Vatican Authority for Financial Information will be finishing a report to deliver to the GAFI – the International Financial Action Group against money laundering – and to the financial organisms of European Union. It will be one of the steps toward the enrollment of the Holy See [...]

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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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Ior. A backward scenario.

By Andrea Gagliarducci On 11 aprile 2011 · Leave a Comment · In Vatican finances

Porta San’t Anna, Vatican City. It’s the 1st of April and a non-Catholic patriatch is crossing the border between the Italian and the vatican States. He is known there, and familiar with the environment. He is carrying a suitcase. Just after passing the Vatican Gendarmerie, he turns left towards the Torrione Niccolò V, the [...]

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