Posts Tagged

Vatican finances

Vatican City, Dec 28, 2020 / 05:10 am MT (CNA).- Pope Francis issued a new law Monday reorganizing Vatican finances following a series of scandals. In a document issued Dec. 28, the pope formalized the transfer of financial responsibilities from the Vatican’s Secretariat of State to the Administration of the

By Hannah Brockhaus Vatican City, Nov 5, 2020 / 07:00 am MT (CNA).- Pope Francis has requested that responsibility for financial funds and real estate assets, including a controversial London property, be transferred out of the Vatican’s Secretariat of State. The pope asked for the management and administration of the

CNA Staff, Aug 17, 2020 / 04:20 pm MT (CNA).- Cardinal George Pell, who was acquitted this year after becoming the highest-ranking Catholic cleric ever to be convicted of sexual abuse, spoke this week about how he maintained hope during his 400 days in prison. “The virtue of Christian hope

By Carol Glatz  Catholic News Service Pope Francis has named a new commission to investigate current accounting practices among all Vatican offices and bodies and to help devise new strategies for greater fiscal responsibility and transparency. The new pontifical commission of business and legal experts will “offer technical support” and