Faith

Pope Francis approves new laws governing Vatican City State to boost transparency

cns@catholicregister.org (Catholic News Service) — Thu, 06 Dec 2018 14:47:07 -0500

VATICAN – Pope Francis approved a new set of laws concerning the structure and governance of Vatican City State in an effort to simplify the many offices and activities of the world's smallest nation and to boost oversight, transparency and budgetary controls.

Canadian bishops issue tighter rules for media accreditation for upcoming plenary assembly

cns@catholicregister.org (Catholic News Service) — Tue, 18 Sep 2018 09:08:53 -0400

MONTREAL – The Canadian Conference of Catholic Bishops has issued stricter rules for media who want to cover its annual plenary assembly to be held in Cornwall, Ontario, Sept. 24-28.

New Vatican appointments reflect Pope's desire for transparency

cns@catholicregister.org (Catholic News Service) — Tue, 26 Jun 2018 12:10:20 -0400

VATICAN – Pope Francis appointed Bishop Nunzio Galantino, 69, as president of the Administration of the Patrimony of the Holy See, which handles the Vatican's investment portfolio and real estate holdings and serves as the Vatican employment office and procurement agency.

Vatican bank launches legal action in Malta over major investment loss

cns@catholicregister.org (Catholic News Service) — Tue, 10 Oct 2017 13:20:47 -0400

VATICAN CITY – The Vatican bank has initiated legal action in Malta against unnamed third parties because of "significant damages" incurred after a 17-million-euro investment.

Vatican's anti-abuse commission launches new website

Tue, 06 Dec 2016 12:30:00 -0500

VATICAN CITY – The Pontifical Commission for the Protection of Minors launched a new website Tuesday, which is designed to help inform the public about their work, and includes resources for Church leaders on safeguarding children and caring for survivors.

Pope Francis wants “absolute transparency,” pushes Vatican reform

Thu, 12 Feb 2015 09:00:00 -0500

VATICAN CITY - Pope Francis called for a Vatican that operates with “absolute transparency” as he gathered more than 165 cardinals in Rome for high-level meetings aimed at tackling one of the toughest challenges of his reformist papacy: overhauling the dysfunctional bureaucracy of the Roman Curia.

'Questionable' financial activities leave Franciscans in serious debt

Fri, 19 Dec 2014 15:00:00 -0500

VATICAN CITY - Ineffective budgetary oversight and "questionable" financial activities have plunged the Order of Friars Minor into significant debt and an extremely serious financial situation, its minister general said.

Vatican investigates two former bank managers in embezzlement case

Tue, 09 Dec 2014 11:20:00 -0500

VATICAN CITY - The Vatican City prosecutor has opened an investigation into possible embezzlement by two former top officials at the Institute for the Works of Religion, more commonly called the Vatican bank.