Vatican bank finds over 100 suspicious transactions, official says
(LA Times) The Vatican’s bank has unearthed more than 100 suspicious payments this year after starting full-scale checks on its customers for the first time to crack down on money laundering, up from...
View ArticleVatican Is Found to Make Progress in Policing Its Bank
(NY Times) The Vatican has made significant efforts to comply with international controls to combat terrorism financing and money laundering, but needs to step up oversight of its financial...
View ArticleVatican gets mixed report card on finance reforms
(AP) — European inspectors gave the Vatican a mixed report card Thursday in its efforts to comply with international norms to fight money laundering and terror financing: They praised the speedy...
View ArticlePope Francis lambasts the rich and reminds the world of what matters most
(The Independent) The applause of the pilgrims he can take for granted. But when Pope Francis receives veiled threats from the Calabrian Mafia and American billionaire investors such as Kenneth...
View ArticlePope removes cardinals in shake-up of Vatican bank
(Reuters) Pope Francis shook up the scandal-plagued Vatican bank on Wednesday, removing four of five cardinals from an oversight body in a break with the clerical financial establishment he inherited...
View ArticleVatican bank admits widows victims of crackdown
(AP) — Dozens and perhaps hundreds of widows and Vatican pensioners recently came in for a rude surprise: The Vatican bank told them they had to close their accounts or risk losing access to their...
View ArticlePope’s reform cardinals meet to overhaul Vatican
(AFP) A council of cardinals set up by Pope Francis to advise him on Vatican reforms began its latest meeting on Monday to discuss how to overhaul the Catholic Church’s scandal-hit bureaucracy and...
View ArticlePope Francis to tackle divorce, financial issues
(AP) Meetings this week between Pope Francis and his cardinals will deal with some of the thorniest issues facing the church, including the rejection by most Catholics of some of its core teaching on...
View ArticlePope Francis opens critical week for Catholic Church reform, family issues
(AP) Pope Francis on Monday opened the most critical week of his year-old papacy: Two commissions of inquiry on Vatican finance are reporting their recommendations for reform and preparations get...
View ArticleVatican bank president awaits Pope’s verdict for future
(CWN) The president of the Vatican bank has said that he cannot predict what Pope Francis will decide regarding the future of the institution. “I don’t know what will happen,” Ernst von Freyberg, who...
View ArticlePope Francis briefed on Vatican bank as he mulls its future
(NDTV) A commission looking into the Vatican bank briefed Pope Francis and top cardinals on its findings on Tuesday ahead of a papal decision about what to do with the institution that has embarrassed...
View ArticleBicycle-riding monsignor given leading role in economy secretariat
(Catholic Herald UK) Pope Francis has named the Maltese monsignor who initially served as his personal secretary to be the general secretary of the new Secretariat for the Economy. Mgr Alfred Xuereb,...
View Article‘Naive’ duo arrested at Vatican with 2.8 trillion euro in fake bonds
(Reuters) Italian police earlier this month arrested two “naive” men who tried to enter the Vatican carrying fake bonds with an apparent value of some 2.8 trillion euros, Vatican officials said on...
View ArticleVatican bank granted reprieve by Pope Francis after series of scandals
(The Guardian) The Vatican bank is to stay in business despite speculation Pope Francis might close down the scandal-plagued institution. After months of investigation and consultation, the Vatican...
View ArticleSteep rise in suspicious transactions reported by Vatican
(Catholic Herald UK) The Vatican’s funancial watchdog has reported a steep rise in reports of suspicious transactions. Rene Brulhart, director of the office that monitors and investigates Vatican...
View ArticleVatican says bank needs ‘corrective measures’
(AP) — The Vatican’s financial watchdog agency said Monday that “corrective measures” were necessary at the Holy See’s troubled bank to continue the path toward financial transparency and compliance...
View ArticleVatican denies ex-No. 2 probed for 15M transfer
(AP) The Vatican has denied that its former No. 2 is under criminal investigation for allegedly misusing 15 million euros. But it didn’t rule out that the transaction is being looked at as part of a...
View ArticlePope Francis shakes up Vatican’s finance panel
(Boston Globe) Pope Francis pressed his campaign to internationalize the Vatican’s financial management, replacing an all-Italian panel overseeing his anti-money laundering agency with a new group...
View ArticleVatican Bank shakeup expected as pope mulls reform
(AP) The embattled Vatican bank is heading into a new round of turmoil, with the resignations of its president and board expected soon as Pope Francis mulls how to reform the institution blamed for...
View ArticleCouncil of Cardinals focuses on another Vatican bank shakeup
(NCR Online) The group of cardinals advising Pope Francis on reforming the Catholic church’s central bureaucracy has again focused its attention on the church’s sometimes controversial financial...
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