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The management of the Vatican financial resources has always been a source of concern for the Church and beyond. It is also known that its financial organisation has raised numerous criticism in the past. No need to recall the collapse of the Banco Ambrosiano in 1982 and its links with the Vatican bank. The press and the literature have also provided additional rumours and dark stories as illustrated by the American epic crime film The Godfather 3.
More than 40 years elapsed. Pope Benedict XVI then Pope Francis have since reformed the Vatican financial system with the aim to improving its transparency, accountability and efficiency. Many Vatican institutions are involved regularly in international financial transactions and this article aims to outline the main...
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