Critical need by 8/31:   $10,000 to cover a crippling immediate shortfall.   $6,220 to go.   Please help now!
Click here to advertise on CatholicCulture.org

Two appointments to Vatican financial authority

Catholic World News - November 07, 2012

The Vatican has announced the appointment of two officials to the Financial Information Authority (IAF), the new board established last year to oversee Vatican financial affairs and ensure compliance with regulations against money laundering.

Francesco De Pasquale, an Italian banker who has been director of the IAF since June 2011, was named to the board of the institution, joining a 5-man group chaired by Cardinal Attilio Nicora.

De Pasquale will be replaced as director of the IAF by Rene Bruelhart, the Swiss expert who was hired in September as a consultant to the Vatican on banking security and safeguards against money laundering.

Additional sources for this story
Some links will take you to other sites, in a new window.

An appeal from our founder, Dr. Jeffrey Mirus:

Dear reader: If you found the information on this page helpful in your pursuit of a better Catholic life, please support our work with a donation. Your donation will help us reach seven million Truth-seeking readers worldwide this year. Thank you!

Our Spring Challenge Grant
Progress toward our Spring Challenge Grant goal ($16,534 to go):
$35,000.00 $18,466.18
47% 53%
Sound Off! CatholicCulture.org supporters weigh in.

All comments are moderated. To lighten our editing burden, only current donors are allowed to Sound Off. If you are a donor, log in to see the comment form; otherwise please support our work, and Sound Off!

There are no comments yet for this item.

Subscribe for free
Shop Amazon
Click here to advertise on CatholicCulture.org

Recent Catholic Commentary

Every Aspect of the Catholic Thing 7 hours ago
News Posturing: How the dramatis personae use each other 9 hours ago
The intractable practical problems with the Kasper proposal 10 hours ago
No, the Pope did not endorse a gay-friendly children's book 13 hours ago
Legal pressure does not make sterilization moral August 27

Top Catholic News

Most Important Stories of the Last 30 Days
Pope Francis: welcome with compassion those who have remarried outside the Church CWN - August 5