- Jun 20, 2021
European evaluators warned Wednesday that the Vatican’s efforts to investigate and prosecute financial crimes were suffering from understaffing and inexperience.
The United States added Vatican City State to its list of countries that conform to international standards regarding the verification of the identity of persons conducting financial transactions through its institutions, including the so-called Vatican bank.
The World Health Assembly adopted a resolution to formalize the participation of the Holy See in the World Health Organization as a nonmember state observer.
Pope Francis has signed a new anti-corruption law for the Vatican, which prohibits employees from using tax havens are investing in companies that go against Church teaching.
When Michael La Civita of the Catholic Near East Welfare Association considers how the agency prioritizes where to send aid, he says the best way to describe it is like a “triage,” given the crises so many countries face.
Pope Francis said Monday that the COVID-19 pandemic shows there are parts of the world that are “seriously ill,” not as a result of the virus but in its natural environment, its economic and political processes, and even more so in in its human relationships.
Pope Francis has formally stripped the Vatican secretariat of state of its financial assets and real estate holdings following its bungled management of hundreds of millions of euros in donations and investments that are now the subject of a corruption investigation.
Four accusers of former Cardinal Theodore McCarrick have filed a lawsuit against the Vatican, arguing it should be held liable for allowing the now-disgraced cleric to serve in multiple positions in New York and New Jersey when it knew of numerous allegations of sexual abuse against him.