Financial Information Authority Archives

Pope updates Vatican financial authority following scandals

Dec 5, 2020

Pope Francis has revamped the Holy See’s financial intelligence and anti-money-laundering unit following financial scandals, including an ongoing in-house corruption probe, Vatican officials said Saturday.

By Associated Press

Vatican updates transparency laws to strengthen financial management

Oct 13, 2020

Continuing its efforts to combat money laundering and financial mismanagement, the Vatican amended its transparency laws and expanded the role of its financial watchdog agency in monitoring financial transactions.

By Junno Arocho Esteves

Vatican watchdog sees record cooperation levels despite raid

Jul 3, 2020

The Vatican’s financial watchdog agency has reported record levels of internal cooperation despite being thrown into turmoil in October when Vatican police raided its offices as part of an investigation into a 350 million-euro (nearly $400 million) London real estate deal.

By Nicole Winfield

Vatican arrests businessman in shady London real estate deal

Jun 6, 2020

Vatican police on Friday arrested an Italian businessman involved in a controversial London real estate deal on suspicion of extortion, fraud and money laundering, the Holy See said.

By Nicole Winfield

Sooner or later, Pope Francis will have to face the perplexities of reform

May 3, 2020

At some point, Pope Francis will have to face the fact that his much-ballyhooed Vatican reform appears to be adrift.

By John L. Allen Jr.

Vatican removes financial watchdog head as scandal continues

Apr 15, 2020

The Vatican on Wednesday replaced the director of its financial watchdog agency, completing a coup that began in October with controversial police raids on the watchdog offices and an investigation into a London real estate deal.

By Nicole Winfield

Will compulsion succeed where conversion has failed on Vatican financial reform?

Feb 18, 2020

A looming independent review of Vatican finances may provide the threat of blacklisting it takes to cajole the Vatican into serious reform.

By John L. Allen Jr.

Vatican rejoins financial intelligence network after raid

Jan 23, 2020

A global network of financial intelligence units has readmitted the Holy See after a two-month suspension sparked by a Vatican police raid on the Vatican’s financial watchdog agency.

By Nicole Winfield