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Vaticano, il caso del palazzo di Budapest e la controversia tra Ior e finanziere Matta
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Vaticano, ecco i segreti del nuovo Ior
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New law to manage Vatican finances, real estate
The law requires the Secretariat of State to transfer as soon as possible all liquid assets held in current accounts UCA News reporter Updated: December 29, 2020 09:33 AM GMT
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Pope Francis has authorized a new law empowering a papal office to directly manage the Vatican’s finances and vast real estate holdings, taking them over from the Secretariat of State.
A
motu proprio focusing on areas of competence in economic and financial matters was published on Dec. 28. It was dated Dec. 26, the Vatican press office announced.
The new law authorizes transferring the management of “financial investments and real estate holdings owned by the Secretariat of State (including the administration of Peter’s Pence), to the Administration of the Patrimony of the Apostolic See (APSA), effective as of Jan. 1,” the document stated.
Pope removes management of finances, property from Secretariat of State
The tower of the Institute for the Works of Religion, often referred to as the Vatican bank, is pictured Oct. 2, 2019. Continuing his financial reforms, Pope Francis ordered that all financial assets of the Vatican Secretariat of State, including accounts at the bank, be managed by the Administration of the Patrimony of the Holy See, the Vatican’s main investment arm. (CNS photo/Paul Haring)
By Junno Arocho Esteves • Catholic News Service • Posted December 28, 2020
Pope Francis approved a new set of laws that formally transfer the management of all bank accounts and financial investments belonging to the Vatican Secretariat of State.
.The cast of 1990 s The Godfather Part III is shown in a scene in a recut version, The Godfather Coda: The Death of Michael Corleone, from director and co-writer Francis Ford Coppola. (CNS photo/courtesy Paramount)
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NEW YORK (CNS) Long reviled as a pale afterthought compared to its two predecessors, 1990 s The Godfather Part III (Paramount) is now available in in a recut version, The Godfather Coda: The Death of Michael Corleone, from director and co-writer Francis Ford Coppola.
For those who have not seen it, or haven t viewed it in some time, it s a reminder that although mobster dramas that draw on events of the past can be engrossing, historical truth always loses out in the process.
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