Secretive Vatican bank to publish annual report online in ramped-up...
(AP) The Vatican bank, long a source of secret and scandal for the Holy See, plans to publish its annual report online as part of its efforts to be more financially transparent. Vatican Radio said...
View ArticleVatican Bank to publish its accounts, launch website
(Reuters) The Vatican Bank, a center of scandals for decades, is to launch its own website and publish its annual report in an effort to increase transparency, its new president said. Ernst von...
View ArticleVatican financial investigator says laws, roles will be strengthened
(CNS) The director of the Vatican’s Financial Intelligence Authority said the Vatican will further amend its finance-related laws in the coming months, increase screening of account holders at the...
View ArticleCarmel Lobello: Is the Vatican Bank finally fighting money laundering for real?
(The Week) Rene Bruelhart, the head of the Vatican’s new Financial Intelligence Authority, disclosed Wednesday that he had found six incidents of possible money laundering in the Vatican Bank from last...
View ArticleVatican Bank looks to shed its image as an offshore haven
(NYT) From the cheerful ease with which the newly minted president of the Vatican Bank fielded questions on a recent morning, it could be easy to forget how the bank has long been a mystery wrapped in...
View ArticleVatican bank chief: “We haven’t rendered a good service to the Holy Father”
(AP) The head of the Vatican bank says his main priority is to clean up the bank’s reputation, saying the institution hasn’t served the pope well enough but still provides valuable services to the Holy...
View ArticleJacob Soll: Someone tell the Vatican: Monarchy and banks don’t mix
(Boston Globe) As Pope Francis sets the course for his young papacy, one of his first challenges has nothing to do with theology or the behavior of the far-flung priests and bishops he supervises: It...
View ArticleVatican bank ‘zero tolerance’ on suspect transactions
(AFP) The Vatican bank is taking a “zero tolerance” approach to suspect transactions, says its new chief executive Ernst von Freyberg, as it fights hard to shatter a culture of silence and shed its...
View ArticlePope fills key job at troubled Vatican Bank
(NYT) Three months into his papacy, Pope Francis took his first significant step on Saturday toward making changes at the troubled Vatican Bank, naming a trusted prelate to fill a key vacancy in an...
View ArticleVatican diplomat, hotel director named to body overseeing Vatican bank
(CNS) -- Pope Francis has approved the appointment of the new interim prelate of the Vatican bank, Msgr. Battista Mario Ricca, a Vatican diplomat
View ArticleArrested Vatican monsignor ‘only helping friends’
(AP) A Vatican accountant arrested in a 20 million euro ($26 million) smuggling plot acknowledged Monday during questioning that his behavior was wrong but said he was only trying to help out friends,...
View ArticleFr William Grimm: Jewish soul, Greek mind, Roman body
(UCA News) Pope Francis has appointed eight cardinals to assist him in reorganizing the Vatican’s administration. One of them is the archbishop of Sydney, Australia, George Pell. Many think he was...
View ArticleGlobal network against finance crime accepts Vatican agency into fold
(CNS) The Vatican’s financial oversight agency has joined the Egmont Group, an international network of financial information authorities, who cooperate to fight financial crime. The Egmont Group “has...
View ArticleVatican bank told of “clear failings” at meeting: source
(Reuters) A preliminary inquiry by the Vatican bank after the arrest of a Vatican prelate on suspicion of trying to smuggle huge sums of money into Italy from Switzerland found “clear failings” at the...
View ArticleVatican posts surplus but donations drop
(AP) The Vatican posted a 2.2 million euro ($2.85 million) budget surplus for 2012, an improvement from the previous year and some good news as it struggles to cope with a scandal involving its...
View ArticleArrested Vatican prelate lived lush life in hometown
(Reuters) Even though he was known to like to live well, police said they were startled when they entered Monsignor Nunzio Scarano’s apartment after he called them one night in January to report a...
View ArticleItalian prosecutors drop inquiry into former Vatican bank chief
(Reuters) Italian prosecutors have dropped inquiries into the Vatican bank’s former president, Ettore Gotti Tedeschi, after concluding a money laundering investigation that did implicate two of his...
View ArticleVatican’s 007 on money laundering
(AP) The revelations of wrongdoing currently rocking the Vatican bank couldn’t have come at a worse time for the Swiss-born anti-money laundering expert hired to lead the Holy See’s push for greater...
View ArticleVatican Bank facilitated money laundering, report says
(PressTV) Italian investigators have said the Vatican Bank operated in a way that facilitated money laundering, according to a leaked inquiry. The disclosed report followed a three-year inquiry into...
View ArticleComing out of the shadows: can the Vatican bank clean up its act?
(DW.DE) Accusations of international money smuggling, resignations, and financially dark dealings have been rocking the Vatican bank recently, but a new team has been brought in to clean up its act, so...
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