Posts Tagged ‘Vatican financial watchdog’

Pope Francis overhauls Vatican financial watchdog Comments 0

Thursday, December 10th, 2020
Vatican financial watchdog

Pope Francis has revamped the Vatican financial watchdog to establish “supervision aimed at the prevention and countering of money laundering and the financing of terrorism.” Under the pope’s plan, the agency will be split into three parts, the Vatican said on Saturday. They are vigilance, rules and legal affairs, and financial information. The Vatican’s Financial Read more

Unexpected: Vatican replaces financial watchdog head Comments 0

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

Vatican financial watchdog finds ‘suspicious transactions’ Comments 0

Friday, May 24th, 2013

The new Vatican financial watchdog set up to prevent money-laundering says it uncovered six “suspicious transactions” last year, one involving the Vatican Bank. Two of those cases were forwarded to Vatican prosecutors for further investigation, and the other four may still warrant more formal probes, the Financial Information Agency said in its first annual report. Read more