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	<title>MondayVatican &#187; MondayVatican &#8211; Peter Bryan Wells » Pope Francis, the moment for a change of pace </title>
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		<title>Pope Francis, the moment for a change of pace</title>
		<link>https://www.mondayvatican.com/vatican/pope-francis-the-moment-for-a-change-of-pace</link>
		<comments>https://www.mondayvatican.com/vatican/pope-francis-the-moment-for-a-change-of-pace#comments</comments>
		<pubDate>Sun, 21 Sep 2014 22:57:53 +0000</pubDate>
		<dc:creator>Andrea Gagliarducci</dc:creator>
				<category><![CDATA[Vatican]]></category>
		<category><![CDATA[Benedict XVI]]></category>
		<category><![CDATA[collegiality]]></category>
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		<category><![CDATA[outsourcing the Vatican]]></category>
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		<category><![CDATA[pick of bishops]]></category>
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		<guid isPermaLink="false">http://www.mondayvatican.com/?p=1910</guid>
		<description><![CDATA[<p><a href="http://www.mondayvatican.com/wp-content/uploads/2014/09/papa-francesco-riforma-curia.jpg"></a>The reference to «the spirit of Francis» in characterizing the new document that <a href="http://www.korazym.org/17252/bozza-riforma-per-i-cardinali-in-attesa-decisione-papa/">will regulate the functions of the offices</a> of the Roman Curia is the most prominent and newsworthy aspect of the presentation of its introduction. The draft of the new introduction has been discussed during the six meetings of the Council [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.mondayvatican.com/wp-content/uploads/2014/09/papa-francesco-riforma-curia.jpg"><img class="alignleft size-thumbnail wp-image-1911" title="papa francesco riforma curia" src="http://www.mondayvatican.com/wp-content/uploads/2014/09/papa-francesco-riforma-curia-150x150.jpg" alt="" width="150" height="150" /></a>The reference to «the spirit of Francis» in characterizing the new document that <a href="http://www.korazym.org/17252/bozza-riforma-per-i-cardinali-in-attesa-decisione-papa/">will regulate the functions of the offices</a> of the Roman Curia is the most prominent and newsworthy aspect of the presentation of its introduction. The draft of the new introduction has been discussed during the six meetings of the Council of Cardinals (eight counsellors chosen by the Pope, plus Secretary of State Pietro Parolin though no document has made official his appointment). The draft is only the first step toward a brand new document. Father Federico Lombardi, director of the Holy See Press Office, underlined that we are just talking about a draft. But Cardinal Oscar Andrés Rodríguez Maradiaga, coordinator of the Council, spoke in informal terms of a “Pope Francis spirit” to describe the text under discussion.</p>
<p>While it is yet to be understood what «Spirit of Francis» means, it is becoming evident that Pope Francis’ Church is taking shape. The first year-and-a-half of his pontificate<a href="http://www.mondayvatican.com/vatican/pope-francis-one-year-after-has-a-revolution-truly-taken-place"> may be considered transitional</a>, made up of jumps forward and steps back, foretold <a href="http://www.mondayvatican.com/vatican/pope-francis-reshapes-his-revolution">revolutions later redefined</a>, provocations and <a href="http://www.mondayvatican.com/vatican/has-pope-francis-displaced-with-his-own-trusted-men-the-curias-leaders">informal demotions</a>.</p>
<p>Jesuits usually take one year or a bit more for transitions, once they take on a new assignment with management responsibilities. During the transition, they speak with everybody, to figure out what direction to take.</p>
<p>On the other hand, Pope Francis has already said that <a href="http://www.corriere.it/cronache/14_marzo_04/vi-racconto-mio-primo-anno-papa-90f8a1c4-a3eb-11e3-b352-9ec6f8a34ecc.shtml">he did not have a specific design</a> for the Church when he was elected, and there is no reason to doubt it. But clearly, Pope Francis had some very precise ideas, which he is putting into practice now. One of these ideas was that of <a href="http://www.mondayvatican.com/vatican/pope-francis-looking-back-to-the-second-vatican-council">bringing back the so-called «Spirit of the Council</a>, » i.e. the intellectual vivacity of the Second Vatican Council which he experienced as a young priest in Argentina. Another idea was <a href="http://www.mondayvatican.com/pope-francis/the-informal-papacy-and-the-risk-of-a-lack-of-institutionality">giving the pastoral activity of the Church more impetus</a>, as the Pope is convinced that this is the only way the Church will be able to address the needs of the greatest number of people possible – and hence, the concern for the Church’s image. And another idea was that of giving <a href="http://www.mondayvatican.com/pope-francis/what-if-pope-francis-would-dismantle-the-ex-santuffizio">more power to local bishops</a>, even on hot topics like rendering final judgments on cases of doctrine or morality.</p>
<p>These ideas had somewhat become reality as the Pope kept speaking about and exercising the «outward-looking Church». Pope Francis chooses with care the peripheries to go to, from those which may have a stronger impact on public opinion. The Pope must lead by example, and must be visible – this is Pope Francis’ intention. Furthermore, these ideas have become a reality in the form of “consultative” bodiesin government, despite much criticism. These include several <a href="http://www.mondayvatican.com/vatican/outsourcing-in-the-vatican">external commissions</a> to discuss the functioning of the Vatican, as if the work already carried out in this regard within the Vatican walls were not legitimate; the appointment of a Council of Cardinals to conceive a Curia reform without including someone with juridical background able to help drafting the documents; and finally, the <a href="http://www.mondayvatican.com/pope-francis/pope-francis-observes-judges-and-acts-and-begins-establishing-a-parallel-curia">establishment of a parallel Curia</a>, made of a series of new bodies yet without statutes, which are still discussing their structures and responsibilities.</p>
<p>These decisions have brought about the <a href="http://www.mondayvatican.com/vatican/pope-francis-starts-reforms-but-perhaps-he-will-need-to-relyon-st-peters-pence">big reform of the Vatican economy</a>, the establishment of a Vatican committee for media, and the establishment of a Pontifical Commission for the protection of Minors.</p>
<p>The committee on the media will meet in Rome September 22-24, to define how it will work and which issues it will deal with. The Commission for the Protection of Minors will meet October 3-4, with the purpose expanding its membership to include representationfromall the continents (Africa, Asia and South America are still missing) and to draft its statutes. In doing so, it will have <a href="http://www.catholicnewsagency.com/news/popes-appointment-may-signal-advances-in-new-abuse-office-92303/">to balance</a> its responsibilities against those of the Congregation for the Doctrine of the Faith, particularly of the office on “Delicta Graviora” (the most grave crimes) to be set up in the disciplinary section of the Congregation. Responsible for this section will be the archbishop José Mollaghan, who will work from Buenos Aires (Argentina).</p>
<p>The proliferation of offices in the context of a reform intended to streamline the Curia would aim at giving Pope Francis space to fill these offices with those who are not in line with his thought and his idea of the Church. Some observers have started to talk about a “<a href="http://www.lastampa.it/2014/09/15/blogs/san-pietro-e-dintorni/deratzingerizzazione-in-corso-mGq6fzsXZPxYUpnowiz4LM/pagina.html">de-ratzingeritzation</a>” process. It is now time to make decisions.</p>
<p>Cardinal Raymond Burke – it is almost taken for granted – will be appointed head of the Order of Malta, an honorific post. Burke would leave the Signatura tribunal to someone closer to Pope Francis’ thinking. The announcement of the transfer should be given during the synod of bishops, in which Cardinal Burke will be one of the most active participants. Cardinal Burke defends the tradition of the Church, and he is one of the cardinals who contributed to the book “Remaining in Truth,” which clearly opposes the theses on family and access to communion for divorced remarried that Cardinal Walter Kasper lectured about during the last consistory.</p>
<p>That this battle is on-going is evidentin the strong stance taken by Cardinal Kasper himself. <a href="http://www.cruxnow.com/church/2014/09/18/doctrinal-wars-both-sides-fire-over-communion-for-divorced-remarried/">Responding to the critics</a>, he underscored that the final target is not him and his positions, but Pope Francis himself, who even praised Cardinal Kasper’s <a href="http://www.mondayvatican.com/vatican/divorced-and-remarried-the-perils-of-a-discussion-run-by-the-media">words at the consistory</a> by referring to them as “theology on one’s knees.”</p>
<p>There are other key posts that may remain vacant, as that of “Vatican foreign minister.” After eight years, Archbishop Dominique Mamberti should leave his post of Secretary for Relations with the States. Archbishop Emlile Tscherrig, papal nuncio to Argentina, <a href="http://www.kipa-apic.ch/index.php?na=0,0,0,0,f&amp;ki=258516">may take</a> Mamberti’s post. Tscherrig is a good friend of Pope Francis, and also helped in organizing the Pope’s lunch with the Argentine President Cristina Kirchner last Saturday. Other rumors point to Bryan Wells, Assessor of the Secretary of State, who is highly regarded and would also be one of the candidates to take Mamberti’s post as leader of the Vatican foreign policy.</p>
<p>Each rumor must in any case be assessed carefully, since they are a way not only to promote, but also to “burn” some names.</p>
<p>For what concerns episcopal picks, Pope Francis has <a href="http://www.mondayvatican.com/vatican/bishops-pope-francis-choices">mostly followed his predecessor’s line</a>, though he has personally intervened in some occasions closeto his heart. He did not do the same with new cardinals picks. He wants new cardinals whose profiles can serve as examples of an outward-looking Church, and <a href="http://www.mondayvatican.com/vatican/pope-francis-the-church-of-the-future-starts-now">he is being provocative</a> in selecting those who will get the new red berretta at the next consistory, to be held probably in February.</p>
<p>Step by step, Pope Francis is shaping his team. But we shouldn’t be fooled: Pope Francis does not care that much about posts and the pedigree of his interlocutors. What he values is the advice of the few people that he really trusts. He will hold many consultations and discussions, but at the end he will make his own decisions.</p>
<p>It will be so with the Council of Cardinals. Father Lombardi stressed that the Council makes proposals, it does not take decisions. Pope Francis, Lombardi added, may there after extend the consultations about a Curia dicastery to a wider circle with all the heads of Vatican dicasteries, during one of the periodic meetings that he has wanted general secretary of the synod of bishops Cardinal Baldisseri–and not the Secretary of State, as was usual&#8211;to conduct.</p>
<p>The synod will be the first real testfor Pope Francis. The appointments he wants to make public during the synod will finally show what kind of Church does Pope Francis have in mind. Will it be a Church modeled on the Jesuits’ governing bodies, with four different Secretariats to help to support the Pope govern?</p>
<p>Certainly, the marching order will be collegiality, on which the Pope and the media are insisting a lot. This push for collegiality would also lead us tothink about a restoration of something preceding Benedict XVI.</p>
<p>After announcing his resignation, Benedict XVI met with the Roman clergy and <a href="http://www.vatican.va/holy_father/benedict_xvi/speeches/2013/february/documents/hf_ben-xvi_spe_20130214_clero-roma_it.html">spoke off-the-cuff</a> about the Second Vatican Council. That <a href="http://www.mondayvatican.com/benedict-xvi/welcome-back-professor-ratzinger-the-benedicts-legacy">lecture has made history</a>, since it raised for the first time the issue of a council of the media and a real council. That lecture was indeed a real program for the Church of the future. Benedict XVI also spoke about episcopal collegiality, described the limits of the definition of collegiality and underscored that these limits could be overcome with an option for communion. And communion is at the center of the introduction of the Pastor Bonus, the apostolic constitution that regulates the responsibilities and functions of the Curia offices.</p>
<p>But while the spirit of Francis is filledwith collegiality, it is also clear that ultimately the Cardinals have not followed Benedict XVI’s vision. Rather, they have opted for topics that were discussed before Benedict’s pontificate.</p>
<p>Everything will be clarified with the upcoming appointments and with the outcomes of the synod of bishops. Pope Francis is called to make decisions, and these decisions will show what kind of Church he has in mind.</p>
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		<title>A new year with two Popes. Expectations and challenges</title>
		<link>https://www.mondayvatican.com/vatican/a-new-year-with-two-popes-expectations-and-challenges</link>
		<comments>https://www.mondayvatican.com/vatican/a-new-year-with-two-popes-expectations-and-challenges#comments</comments>
		<pubDate>Mon, 30 Dec 2013 06:37:41 +0000</pubDate>
		<dc:creator>Andrea Gagliarducci</dc:creator>
				<category><![CDATA[Vatican]]></category>
		<category><![CDATA[abortion]]></category>
		<category><![CDATA[Benedict XVI]]></category>
		<category><![CDATA[Christmas]]></category>
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		<category><![CDATA[contraceptive methods and the Church]]></category>
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		<category><![CDATA[Dominique Mamberti]]></category>
		<category><![CDATA[Domus Sanctae Marthae]]></category>
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		<category><![CDATA[John Paul II]]></category>
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		<category><![CDATA[McKinsey]]></category>
		<category><![CDATA[Peter Bryan Wells]]></category>
		<category><![CDATA[Pietro Parolin]]></category>
		<category><![CDATA[Pope emeritus]]></category>
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		<category><![CDATA[professional communication]]></category>
		<category><![CDATA[Rio de Janeiro]]></category>
		<category><![CDATA[Swiss Bishops]]></category>
		<category><![CDATA[the two Popes]]></category>
		<category><![CDATA[Vatican Radio]]></category>
		<category><![CDATA[World Youth Day]]></category>

		<guid isPermaLink="false">http://www.mondayvatican.com/?p=1706</guid>
		<description><![CDATA[<p><a href="http://www.mondayvatican.com/wp-content/uploads/2013/12/papa-francesco-papa-benedetto-natale.jpg"></a>This  year has been the year of two Popes, and it  ended with the «image» of two joined Popes. On December 23, Pope Francis <a href="http://www.news.va/it/news/visita-del-papa-francesco-al-papa-emerito-per-gli">went to visit</a> the Pope emeritus Benedict XVI: Christmas wishes, sunrises and photo opportunity, together with a Pope Francis invitation for lunch to Pope Benedict. This latter obviously accepted: [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.mondayvatican.com/wp-content/uploads/2013/12/papa-francesco-papa-benedetto-natale.jpg"><img class="alignleft size-thumbnail wp-image-1707" title="Papa Francesco incontra Ratzinger per scambio di auguri natalizi" src="http://www.mondayvatican.com/wp-content/uploads/2013/12/papa-francesco-papa-benedetto-natale-150x150.jpg" alt="" width="150" height="150" /></a>This  year has been the year of two Popes, and it  ended with the «image» of two joined Popes. On December 23, Pope Francis <a href="http://www.news.va/it/news/visita-del-papa-francesco-al-papa-emerito-per-gli">went to visit</a> the Pope emeritus Benedict XVI: Christmas wishes, sunrises and photo opportunity, together with a Pope Francis invitation for lunch to Pope Benedict. This latter obviously accepted: he promised obedience to his successor since when he gave <a href="http://www.vatican.va/holy_father/benedict_xvi/speeches/2013/february/documents/hf_ben-xvi_spe_20130228_congedo-cardinali_en.html">his farewell</a> to cardinals on February 28, and he reiterated his promise to Pope Francis when Pope Francis called him on the phone shortly after his election.</p>
<p><span style="line-height: 1.6em;">So, on December 27 the <a href="http://www.news.va/it/news/papa-francesco-pranza-con-benedetto-xvi">Pope emeritus went for lunch</a> to Domus Sanctae Marthae, the Vatican hotel where Pope Francis lives. The Vatican secretary for relations with States, msgr. Dominique Mamberti, and the assessor to the Secretariat of State msgr. Peter Bryan Wells, had lunch with the two Popes, together with the two Popes&#8217; personal secretaries.</span></p>
<p><span style="line-height: 1.6em;">It is striking that both the number 1 and the number 2 of the Secretariat of State, i.e. the Secretary of State msgr. Pietro Parolin and his deputy msgr. Angelo Becciu, were not sitting at the same table. According to what is deducible from the short communiqué released through the Vatican radio, both Parolin and Becciu were not in Rome. The communiqué only states that Wells and Mamberti had been invited because </span><span style="line-height: 1.6em;">«</span><span style="line-height: 1.6em;">they were in Rome.</span><span style="line-height: 1.6em;">»</span></p>
<p><span style="line-height: 1.6em;">It is also striking that Pope emeritus visit to Pope Francis had not been announced via the usual channels (an anticipations of the Holy See Press Office bollettino to the press agencies, and then the Bollettino itself), while it was announced via Vatican Radio. This is the way through which the news are delivered if the Vatican does not want them to have such a relevance. </span></p>
<p><span style="line-height: 1.6em;">This comunication strategy has been now enough experimented. Communication seems to have become the most important deal in the Vatican. Communication strategy grabbed importance during the Vatileaks scandal, when the Vatican perceived the need to <a href="http://www.mondayvatican.com/holy-see/vatican-communications-changes-in-the-making">hire an advisor</a> for Communication for the Stae Secretariat, chosen in the person of Greg Burke. Communication strategy was pivotal for cardinals during the pre-conclave meetings, and this is the reason why cardinals in conclave chose for a «change of narration», according to a <a href="http://online.wsj.com/news/articles/SB10001424127887324532004578362772876504676">Wall Street Journal report</a> based on the conversation with four different cardinals. Communication strategy is considered so pivotal <a href="http://www.mondayvatican.com/vatican/has-pope-francis-displaced-with-his-own-trusted-men-the-curias-leaders">to ask McKinsey</a> to study a new Vatican medias strategy.</span></p>
<p><span style="line-height: 1.6em;">With his charisma and his natural way to address the crowd, Pope Francis is the corner stone of this new strategy of communication. The risk is that the attention is more focused on Pope Francis gestures, while his words are left unobserved. </span></p>
<p><span style="line-height: 1.6em;">In his <a href="http://www.vatican.va/holy_father/francesco/messages/urbi/documents/papa-francesco_20131225_urbi-et-orbi-natale_en.html">“urbi et orbi”</a> message of the Christmas day, Pope Francis, for example, listed countries that suffer conflicts or where Christians are persecuted. The day after, on December 26, Pope Francis <a href="http://www.vatican.va/holy_father/francesco/angelus/2013/documents/papa-francesco_angelus_20131226_it.html">spoke about persecuted Christians</a> again, insisting on the issue as much as Benedict XVI did. </span><span style="line-height: 1.6em;">These messages hardly grab he headlines of the big medias, with rare excpetions, while Pope Francis gestures are always well emphasized. </span></p>
<p><span style="line-height: 1.6em;">In the end, a question remains: is professional communication adapt to the announcement of Gospel? Catholic Church message is eradicated on Truth, while communication need to emphasize emotions and images to be effective.  One must argue that a communication plan may not  be effective to announce the Gospel, while it can be effective to give a new image to the Church. </span></p>
<p>Anyway, the new image risks to be untrue. Pope Francis, for example, did not break the tradition of the Church. His work and his commitment are rooted on a long term work and commitment made by previous Popes. The reforms Pope Francis has been working on since his election have begun under the previous Pontificate. And Pope Francis words are anyway<span style="line-height: 1.6em;"> in perfect continuity with the Church’s tradition, as the Pope himself said.</span></p>
<p><span style="line-height: 1.6em;">Coming back from the trip to Rio de Janeiro for the World Youth Day and responding to a question, Pope Francis explained why he did not speak, during his visit to Brazil, about the changes in society, the abortion, the gay marriages.</span></p>
<p><span style="line-height: 1.6em;">«The Churh – <a href="http://www.vatican.va/holy_father/francesco/speeches/2013/july/documents/papa-francesco_20130722_gmg-intervista-volo-rio_en.html">Pope Francis responded</a> – has already spoken quite clearly on this.  It was unnecessary to return to it, just as I didn’t speak about cheating, lying, or other matters on which the Church has a clear teaching!  It wasn’t necessary to speak of it, but rather of the positive things that open up the path to young people.  Isn’t that right!  Besides, young people know perfectly well what the Church’s position is.»</span></p>
<p><span style="line-height: 1.6em;">When asked about his position, Pope Francis replied: «The position of the Church.  I am a son of the Church.»</span></p>
<p><span style="line-height: 1.6em;">Pope Francis the gave a more in depth explanation of the reason why he was not addressing those topics in the interview <a href="http://www.americamagazine.org/pope-interview">he granted to “La Civiltà Cattolica&#8221;</a>. </span></p>
<p><span style="line-height: 1.6em;">Pope Francis said to the Jesuit run magazine that the Church «cannot insist only on issues related to abortion, gay marriage and the use of contraceptive methods … when we speak about these issues, we have to talk about them in a context.»</span></p>
<p><span style="line-height: 1.6em;">He continued, «The church’s pastoral ministry cannot be obsessed with the transmission of a disjointed multitude of doctrines to be imposed insistently. Proclamation in a missionary style focuses on the essentials, on the necessary things: this is also what fascinates and attracts more, what makes the heart burn, as it did for the disciples at Emmaus … the proposal of the Gospel must be more simple, profound, radiant. It is from this proposition that the moral consequences then flow.»</span></p>
<p><span style="line-height: 1.6em;">Pope Francis words echoed those of his predecessor, Benedict XVI. On November 9 2006, he met the Swiss bishops gathered for a meeting in the Vatican. He spoke off the cuff, blaming on himself that he had no time to prepare a written speech, and underlined he had not intention to indulge on the small issues, while he prefered highlighting the big themes.</span></p>
<p><span style="line-height: 1.6em;"><a href="http://www.vatican.va/holy_father/benedict_xvi/speeches/2006/november/documents/hf_ben-xvi_spe_20061109_concl-swiss-bishops_en.html">Benedict XVI told</a>:  «I remember, when I used go to Germany in the 1980s and &#8217;90s, that I was asked to give interviews and I always knew the questions in advance. They concerned the ordination of women, contraception, abortion and other such constantly recurring problems. </span><span style="line-height: 1.6em;">If we let ourselves be drawn into these discussions, the Church is then identified with certain commandments or prohibitions; we give the impression that we are moralists with a few somewhat antiquated convictions, and not even a hint of the true greatness of the faith appears. I therefore consider it essential always to highlight the greatness of our faith &#8211; a commitment from which we must not allow such situations to divert us».</span></p>
<p><span style="line-height: 1.6em;">Benedict XVI then added: «In the Church, the institution is not merely an external structure while the Gospel is purely spiritual. In fact, the Gospel and the Institution are inseparable because the Gospel has a body, the Lord has a body in this time of ours. Consequently, issues that seem at first sight merely institutional are actually theological and central, because it is a matter of the realization and concretization of the Gospel in our time.»</span></p>
<p><span style="line-height: 1.6em;">Certainly Pope Francis re-read this words, while it is widely spoken about possible reforms at least of <a href="http://www.mondayvatican.com/vatican/churchs-g8-proposes-a-commission-to-combat-pedophilia-and-sex-abuse-by-priests">the Curia organization</a>. Pope Francis pastorality and Pope Benedict theology can together help the Church to get out of the crisis. This two souls cannot be detached the one from the other. And this is proved by Pope Francis continuous seeking for Benedict XVI – a seeking that aims to show a continuity and a friendship among the two Popes. </span></p>
<p>It is arguable that the need to show the continuity is part of a communication strategy, and would be aimed to do away with critics and questions raised up during Pope Francis pontificate,  especially for what concerns a perceived <a href="http://www.mondayvatican.com/pope-francis/the-informal-papacy-and-the-risk-of-a-lack-of-institutionality">lack of institutionality</a> under Pope Francis. It may be. Anyway, the new year with two Popes will surely reveal that the Church&#8217;s doctrine has not changed. Pope Francis himself <a href="http://www.mondayvatican.com/vatican/pope-francis-reshapes-his-revolution">reshaped his revolution</a>. His pontificate is not a breach with the past, as medias often depict it.  <span style="line-height: 1.6em;"> </span></p>
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		<title>A Vatican model of financial transparency</title>
		<link>https://www.mondayvatican.com/vatican/a-vatican-model-of-financial-transparency</link>
		<comments>https://www.mondayvatican.com/vatican/a-vatican-model-of-financial-transparency#comments</comments>
		<pubDate>Mon, 12 Aug 2013 06:00:38 +0000</pubDate>
		<dc:creator>Andrea Gagliarducci</dc:creator>
				<category><![CDATA[Vatican]]></category>
		<category><![CDATA[Authority of Financial Information]]></category>
		<category><![CDATA[Benedict XVI]]></category>
		<category><![CDATA[clericalism]]></category>
		<category><![CDATA[Domenico Giani]]></category>
		<category><![CDATA[European Union]]></category>
		<category><![CDATA[Financial transparency]]></category>
		<category><![CDATA[Holy See]]></category>
		<category><![CDATA[Monetary Convention]]></category>
		<category><![CDATA[MoneyVal]]></category>
		<category><![CDATA[MONEYVAL plenary assembly]]></category>
		<category><![CDATA[Motu Proprio]]></category>
		<category><![CDATA[Peter Bryan Wells]]></category>
		<category><![CDATA[Pope Francis]]></category>
		<category><![CDATA[prudential supervision]]></category>
		<category><![CDATA[René Bruelhart]]></category>
		<category><![CDATA[Secretariat of State]]></category>
		<category><![CDATA[Vatican committee for economic security]]></category>

		<guid isPermaLink="false">http://www.mondayvatican.com/?p=1550</guid>
		<description><![CDATA[<p><a href="http://www.mondayvatican.com/wp-content/uploads/2013/08/vatican-borders-with-the-IOR.jpg"></a>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.</p> <p>In fact, [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.mondayvatican.com/wp-content/uploads/2013/08/vatican-borders-with-the-IOR.jpg"><img class="alignleft size-thumbnail wp-image-1553" title="vatican borders with the IOR" src="http://www.mondayvatican.com/wp-content/uploads/2013/08/vatican-borders-with-the-IOR-150x150.jpg" alt="" width="150" height="150" /></a>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.</p>
<p><span style="line-height: 1.6em;">In fact, it is not only an «operation financial transparency». The path the Holy See started by signing a <a href="http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=OJ:C:2010:028:0013:0018:en:PDF">Monetary Convention</a> with the European Union in 2009 is meant to reinforce the status of the Holy See/Vatican City State itself. Following a meandering and bumpy path, often <a href="http://www.mondayvatican.com/holy-see/too-much-talking-about-gotti-tedeschi-while-the-holy-see-works-for-financial-transparency">not fully comprehended</a> by the stakeholders themselves, the Holy See is going to present to Europe a whole new financial system. It is certainly <a href="http://www.mondayvatican.com/holy-see/too-much-talking-about-gotti-tedeschi-while-the-holy-see-works-for-financial-transparency">compliant with international standards</a> to counter money laundering and the financing of terrorism. But it is above all a customized system, tailored to the specificity of the Holy See. Ultimately, the Holy See/Vatican City State is a special state that lacks a market economy. It is a state needed to facilitate the Church to carry on its mission.</span></p>
<p><span style="line-height: 1.6em;">With a </span><a href="http://www.vatican.va/holy_father/francesco/motu_proprio/documents/papa-francesco-motu-proprio_20130808_prevenzione-contrasto_it.html"><em style="line-height: 1.6em;">motu proprio</em></a><span style="line-height: 1.6em;"> – a Papal directive – the Vatican financial system has been given a clear direction and a precise focus. The </span><em style="line-height: 1.6em;">motu proprio</em><span style="line-height: 1.6em;"> is signed by Pope Francis. But it was under Benedict XVI that the Holy See started its commitment to adhere to international standards of financial transparency.</span></p>
<p><span style="line-height: 1.6em;">Benedict XVI wanted to reinforce the status of the Holy See within the community of nations. He chose not establish an internal commission. That would have been a typically clerical recourse, sometimes used by his predecessors. He did not called outside experts to audit or counsel the Holy See regarding its transactions. Benedict XVI wanted instead the Holy See to submit to a peer review by MONEYVAL, a committee of the European Council that works at the level of states. The Holy See thus benefit from a «third party» evaluation regarding its path to financial transparency. An evaluation which is an integral part of a relation of equals among states.</span></p>
<p><span style="line-height: 1.6em;">Here are the highlights of this recent </span><em style="line-height: 1.6em;">Motu Proprio</em><span style="line-height: 1.6em;">: Pope Francis established a «Committee for Financial Security,» formed by seven members who represent all the Vatican institutions involved in countering money laundering and the financing of terrorism. Pope Francis also charged the Authority for Financial Information with the «prudential supervision» of the Vatican bodies that professionally practice a financial activity. Finally, he extended the application of Vatican law on this area to the dicasteries of the Roman Curia, all the organizations and bodies linked to the Holy See, and all the non-profit organizations based in Vatican City State.</span></p>
<p><span style="line-height: 1.6em;">The extension of Vatican law to all the Holy See institutions may be considered by now a standard operating procedure. It was followed with respect to the <a href="http://www.vatican.va/holy_father/francesco/motu_proprio/documents/papa-francesco-motu-proprio_20130711_organi-giudiziari_en.html">new Vatican penal code</a>, as well as with the 2010 Vatican law against money laundering. However, it is still noteworthy that this same procedure is at work with respect to the Holy See’s path toward a transparent and customized financial system.</span></p>
<p><span style="line-height: 1.6em;">MONEYVAL issued a <a href="http://www.mondayvatican.com/holy-see/vatican-financial-transparency-the-path-to-the-milestone-moneyval-report">generally positive report</a> on the Holy See/Vatican City State during its plenary session of July 2012, but there were nevertheless things to be improved. The Holy See is responding to Europe’s suggestions by creating a solid system of financial control.</span></p>
<p><span style="line-height: 1.6em;">Let’s take a look at the members of the Committee for Financial Security: the president is the Secretariat of State Assessor for General Affairs, who is at the moment Peter Bryan Wells. The Secretary is the Director of the Authority for Financial Information, René Bruelhart. The other members are: the Undersecretary for Relations with States, Antoine Camilleri; the Secretary of the Prefecture for the Economic Affairs of the Holy See, Lucio Angel Vallejo Balda; the Deputy Secretary General of Vatican City State, Giorgio Corbelli; the Promoter of Justice of the Vatican City State Court, Nicola Picardi; and the Director of the Security Services of Vatican City State, Domenico Giani.</span></p>
<p><span style="line-height: 1.6em;">The committee thus represents the Secretariat of State, the Vatican City State government, the Authority for Financial Information and the Vatican executive and judicial branches of government. Each of them can now coordinate better their efforts. The creation of the committee is the last part of a path started with <a href="http://www.mondayvatican.com/holy-see/behind-the-bite-and-devour-holy-see-improves-anti-money-laundering-vatican-law">the revision of the first anti-money laundering law</a>. That revision brought about a new balance of power to better oversee the Vatican finances (in the first anti-money laundering law, everything was under the discretion of the Authority for Financial Information, and almost no role and weight was given to the Secretariat of State).</span></p>
<p><span style="line-height: 1.6em;">The newly-appointed committee meets once every four months. The </span><em style="line-height: 1.6em;">Motu Proprio </em><span style="line-height: 1.6em;">calls for the Committee to evaluate the vulnerabilities that could be exploited for purposes of money laundering, financing of terrorism and the proliferation of weapons of mass destruction; define the measures needed to manage and reduce financial risks; coordinate the adoption and updating of policies and procedures to prevent and counter money laundering and the financing of terrorism and the proliferation of weapons of mass destruction; promote the cooperation and the exchange of information between the departments of the Holy See/ Vatican City State; ensure a proper evaluation of high risks; issue internal procedures and guidelines; ask for information to the authorities and the institutions which operate within the Holy See/Vatican City State; and to ask for reports and opinions of external experts.</span></p>
<p><span style="line-height: 1.6em;">The introduction of the prudential supervision is also noteworthy. The lack of prudential supervision was criticized by MONEYVAL evaluators in July. Prudential supervision is a principle raised during the 80s and used for the first time by Basilea Committee. It is is based on the principle that a company that follows certain standards on capital investments and balance sheet ratios can diminish the financial risk of becoming insolvent. From now on, the Authority for Financial Information will be able to evaluate if an investment/financial operation by a Holy See institution is prudent, i.e. without a risk of leading to insolvency for the institution.</span></p>
<p><span style="line-height: 1.6em;">The Holy See is, in this way, giving birth to its own and specific financial system. The “changes” will be discussed in <a href="http://www.korazym.org/attivita-della-santa-sede/3-la-santa-sede/3854-la-finanza-vaticana-e-sempre-piu-trasparente.html">the next plenary assembly of MONEYVAL</a> in December. There, the Holy See will issue its progress report, which – by request of the Holy See &#8211; will be wider than what is generally foreseen under regular procedures. A comprehensive reform is in the offing. </span></p>
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