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Pope names members of new Vatican finance authority

January 19, 2011

Pope Benedict XVI has named the members of the Vatican’s newly formed Financial Information Authority.

Following up on the December 30 motu proprio in which he established new rules for Vatican banking transactions, the Pontiff appointed four lay Italians with an expertise in finance to the new supervisory office. As widely expected, the Pontiff chose Cardinal Attilio Nicora, the sitting president of the Administration of the Patrimony of the Apostolic See, as the president of the new authority.


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