MondayVatican
The members of the board of the Financial Information Authority (AIF), the Vatican’s financial watchdog, hailed all from Italy. Taking a decision which shows his wish to give the Holy See an international profile, Pope Francis replaced them all with international experts held in high regard. Among them, there is just one Italian, [...]
René Bruelhart is the new director of the Authority for Financial Information (AIF). It is a significant appointment –it shows that the Holy See is moving towards full adherence to international transparency standards. MONEYVAL’s Plenary Assembly – the body of the Council of Europe that evaluates if its member states are meeting [...]
In order to understand the path the Holy See began and is staying on to achieve full -international financial transparency, one should look beyond the seven negative ratings (out of 16 core and key recommendations to combat money laundering) and beyond the 23 negative ratings on the general recommendations (out of 45, [...]
Will Ettore Gotti Tedeschi have to stand trial before a Vatican court? The possibility is rather remote. If he will, it would be because of the documents the former president of the IOR. Board of Superintendence took from his office in Torrione Niccolò IV. Gotti Tedeschi probably is not in possession of [...]
It was with a short, stick to the point, ten lines and three paragraphs press release from the Holy See to clarify its position regarding Ettore Gotti Tedeschi’s case. Gotti Tedeschi had been president of the Board of Superintendence of the I.O.R. (Institute for Religious Works) until May 24th, when he got an [...]
Benedict XVI had been defined «the last of Benedictins». As Saint Benedict, who in 529 founds the monastery of Montecassino and from there – with the ora et labora, the collections and copy of texts, founds a new civilizations, so Benedict XVI goes over the scandals and the human problems of the [...]
Just when the Vatican Secretary of State seems to be the only mark for a series of attacks, two news show that the Holy See is making important steps toward a reform intended to bring the Vatican City State to be a fully modern State with full financial transparency. The steps are [...]
James and John pursue dreams of glory beside Jesus. Jesus says: «Are you able to drink the cup that I drink?» And disciples demonstrate that they do not understand the logic of the life to which Jesus witnesses. It is not easy to understand the logic of Gospel. It is not easy for priests, [...]
Within the next 4th of September, the Vatican Authority for Financial Information will be finishing a report to deliver to the GAFI – the International Financial Action Group against money laundering – and to the financial organisms of European Union. It will be one of the steps toward the enrollment of the Holy See [...]
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