Financial Information Authority Archives

Vatican financial intelligence led to conviction of UK abuser priest

Vatican
Feb 28, 2019

Although the Vatican has been criticized for failing to cooperate with a public probe in the UK of a clerical abuse case, it was information provided by the Vatican that led to the conviction of the abuser priest at the heart of the story.

Vatican court convicts Italian businessman on money laundering charge

Vatican
Dec 27, 2018

On Thursday, the Vatican announced that Italian real estate contractor Angelo Proietti has been convicted under Vatican law on a money-laundering charge related to an account in the Vatican bank.

Vatican court condemns ex-Vatican bank officials for ‘mismanagement’

Vatican
Feb 6, 2018

A Vatican court has condemned two former officials of the so-called “Vatican bank” for violating anti-money laundering laws, reportedly to the tune of almost $60 million in damages.

It may be inside baseball, but Vatican financial reform still matters

News Analysis
Dec 17, 2017

The intrigues and unanswered questions surrounding Vatican finances may seem minor in comparison to the world’s great challenges, but there are several reasons why the effort for reform matters.

Vatican Bank begins civil action over investments in Malta in sign of tackling “past abuses”

Vatican
Oct 10, 2017

In the latest test of Vatican financial reform, the Institute for the Works of Religion – better known as the Vatican Bank – is taking unnamed parties in Malta to court over bad investments from five years ago. A statement released on Tuesday said that the initiative confirms the bank commitment to transparency and to report potential abuses.

The Vatican’s quiet reformer

Vatican
Apr 29, 2017

The President of the Vatican Information Authority (AIF), René Brülhart, was speaking at Oxford University’s Blavatbik School of Government on reforming Vatican finances on Thursday night. Brülhart has sought to create a “tailor-made” system of regulation — a term he used often in his talk — that brings the Vatican into line with contemporary European standards but without sacrificing its uniqueness.