Posts Tagged ‘AIF’

Pope appoints new head financial watchdog

Monday, December 2nd, 2019

Pope Francis, Thursday, appointed Carmelo Barbagallo as president of the Vatican’s financial watchdog, the Financial Information Authority (AIF). Barbagallo, 63 is an auditor and Italian banking consultant in the areas of banking, financial supervision and Single Supervisory Mechanism. Previously he was head of the banking and financial supervision department of the Bank of Italy. “I Read more

Unexpected: Vatican replaces financial watchdog head

Thursday, November 21st, 2019

Amid a brewing financial scandal over the Holy See’s investments in London real estate, Pope Francis, Monday, announced he will replace the Vatican’s top financial watchdog official. Announcing René Brülhart’s replacement, the Vatican said Pope Francis has chosen a new president but does not name him or her. The three-sentence announcement said Francis thanked Brülhart Read more