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Annual results to go online in latest Vatican Bank reform

The Institute for the Works of Religion (IOR), commonly known as the ‘Vatican Bank’, will publish its annual accounts online by the end of the year, the Holy See said today. The announcement was made...

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What Francis’‘Vatican bank’ commission tells us about his plans for curial...

[Update 28 June: A senior official working in Vatican finance and two others have been arrested by Italian police following suspicions of money-laundering (details here). Mgr Nuncio Scarano, a senior...

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The young, humble diplomat named as Francis’ right-hand man

From 15 October the Vatican’s new Secretary of State will be the present 58-year-old papal nuncio to Venezuela, Archbishop Pietro Parolin, a highly regarded diplomat and negotiator who is well known to...

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In biggest reform yet, Francis names Cardinal Pell to new ‘Economy Secretariat’

[From Austen Ivereigh in Rome] Pope Francis has announced the biggest shake-up in Vatican administration for years by creating a new Secretariat for the Economy which will have oversight of all...

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Francis ushers in the age of collegiality

The Council of Cardinal Advisers — the so-called “C8” — concluded its three-day meeting last Wednesday, the fourth time it has met since being created by Pope Francis in October 2013. The C8 — which is...

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Vatican reform leaps ahead with overhaul of bank and media

A new president of the so-called Vatican Bank, the IOR, and the appointment of Christopher Lord Patten, chancellor of Oxford University, to head a new committee overseeing reforms to media, were among...

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