Financial Information Authority Archives

Vatican finances pit Anglo-Saxon/Germanic ‘reform’ vs. Latin/Mediterranean

Nov 28, 2019

One wonders if the Vatican’s latest financial upheaval is at least partly the result of differing concepts of “reform,” which were submerged at the beginning of the Francis revolution but which have been progressively coming to the surface as time wears on.

By John L. Allen Jr.

Pope taps former Bank of Italy exec to head watchdog agency

Nov 27, 2019

Pope Francis has tapped a Bank of Italy executive to take over the Vatican’s financial intelligence unit following a scandal that resulted in the Vatican being suspended from an international anti-money laundering network.

By Nicole Winfield

Pope says financial reforms are working, wants anti-nuke stance in catechism

Nov 26, 2019

Pope Francis said Tuesday that the latest round of financial scandal at the Vatican is actually a success story, because the situation was revealed thanks to an internal Vatican probe, which he said demonstrates that new controls are working.

By Inés San Martín

Vatican financial watchdog now a ‘shell’ after police raid

Nov 19, 2019

A board member of the Vatican’s financial watchdog has resigned in the wake of a Vatican police raid that resulted in the agency’s suspension from the global communications network of financial intelligence units.

By Nicole Winfield

Vatican finance guru’s exit suggests ‘Back to the Future’ dynamic on reform

Nov 19, 2019

The departure Monday of René Brülhart, the Swiss lawyer who, since 2012, has led a new anti-money laundering watchdog unit created under Pope emeritus Benedict XVI, is anything but normal.

By John L. Allen Jr.

Pope replaces financial watchdog head amid fallout from raid

Nov 18, 2019

Pope Francis on Monday replaced the head of the Vatican’s financial watchdog agency amid continuing fallout from a controversial Vatican police raid on the agency’s offices.

By Nicole Winfield