Martedì, 23 Ottobre 2018

Pope sets up commission on Vatican Bank


Rome, June 26 - Pope Francis has set up a
pontifical commission on the Vatican Bank, the Vatican announced
on Wednesday.
The commission will start working "in the coming days" with
the objective of briefing the pontiff on the bank's activities
and making sure it operated in harmony with the "Church's
The Vatican Bank, officially known as the Institute for
Religious Works (IOR), has come under scrutiny for alleged money
laundering and is now working with the Council of Europe's
Moneyval anti-money-laundering agency in a bid to make it into
the international 'white list' of banking.
Italian magistrates are currently investigating the bank on
money-laundering charges.
The Italian press has increasingly speculated on the fate
of the scandal-plagued bank wondering whether the pontiff might
reorganize or shut down IOR.
The new panel will be chaired by Cardinal Raffaele Farina
and include another three prelates and Harvard Law Professor
Mary Ann Glendon, a former United States Ambassador to the Holy

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