Financial Information Authority Archives - Page 3 of 3

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

By John L. Allen Jr.
Vatican Bank begins civil action over investments in Malta in sign of tackling “past abuses”
- 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.

By Charles Collins
The Vatican’s quiet reformer
- 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.

By Austen Ivereigh

Vatican flags more than 540 ‘suspicious transactions’ in 2015

Apr 28, 2016

According to AIF, the upward trend in the reporting of suspicious activities, which began in the fourth quarter of 2012, is the result of “the strengthening of whistleblowing, cooperation and information exchange systems,” both within the Vatican and in cooperation with third parties such as other states.

Vatican’s financial watchdog says the new system is ‘state of the art’

Jun 2, 2015

Cleaning up Vatican finances has been a major priority of Pope Francis, and that campaign reached a milestone on Friday with the release of a 2014 annual report from the Financial Information Authority (AIF), an anti-money laundering watchdog unit created under Benedict XVI and strengthened by Francis. The report’s main

Vatican’s financial watchdog says the new system is 'state of the art'

Jun 2, 2015