New papal document expands powers of Financial Intelligence Authority
Catholic World News - November 18, 2013
The Vatican has released a new motu proprio by Pope Francis expanding the powers of the Financial Information Authority (FIA).
Established in 2010 by Pope Benedict, the FIA exercises supervisory authority over the financial transactions of Vatican agencies. The new motu proprio clarify the functions of the office and adapt its powers “in a manner consistent with the institutional and legal framework of the Holy See and the Vatican City State,” the Vatican press office announced.
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!
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!