POPE FRANCIS USHERS IN ERA OF REFORM AT VATICAN BANK
February 1st, 2014
In the first year of his pontificate, Jorge Mario Bergoglio, now known as Pope Francis, has had to deal with his healthy share of scandal. His reaction to the most recent accusation of money laundering by a former Vatican accountant has been swift – some even say revolutionary – for one of the world’s oldest and most secretive financial institutions.Credited for kick-starting reform of the Vatican Bank, whose formal name is the Istituto per le Opere di Religione – IOR, or Institute of Religious Works, it is clear that Pope Benedict XVI’s successor has ...
Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.