Posts Tagged ‘Transparency’

Vatican Bank issues unusual but ‘unsurprising’ report

Friday, October 4th, 2013

As the Vatican Bank took the unusual step of publishing an annual report for the first time in its 125-year history, its president said the most surprising thing was “how unsurprising it is”. “You see a rather conservatively managed financial institution safeguarding assets, investing in very conservative investments like government bonds and bank deposits,” said Read more

Vatican Bank launches website to boost transparency

Friday, August 2nd, 2013

The Vatican bank has launched a website in the wake of a series of scandals and criticism for alleged lack of transparency. Vatican Radio quoted bank president Ernst von Freyberg that the site will provide information “on our reforms and the things we do in the world and how we support the Church and its Read more

Rebuilding the Vatican Bank’s reputation

Tuesday, June 11th, 2013

The president of the “bank” of the Holy See, in this interview with Vatican Radio, opens his campaign to restore credibility to the controversial institution. With more integrity, more transparency, more communication Q: President Ernst von Freyberg, do you like your job, coming from Frankfurt down to Rome, working inside the Vatican? A: It is Read more

Greater transparency will be good for the Church

Friday, June 1st, 2012

‘Re-imagining the Mission — A Pilgrimage of Faith’ was the title of the keynote address presented by Fr Frank Brennan on 24 May 2012 at the Sandhurst Catholic Education Conference at Catholic College Bendigo. Fr Brennan gave his personal reflections on Catholic education and social justice, Vatican II and Catholic education 50 years on, contemporary faith and “some Read more

Cloyne cleric urges transparency and new thinking

Tuesday, August 9th, 2011

A priest in Ireland’s troubled Cloyne diocese is urging the church leadership to develop a new way of thinking and acting in light of the scandal facing the diocese. Fr Joseph McGuane, the first ordinary cleric in Cloyne to comment on the child abuse controversies, said that ordinary people were very angry that “justice has Read more