Pope Francis, who inherited a Church mired in scandals over priests' sexual abuse of children and the leak of confidential documents alleging corruption and infighting in the Vatican's central administration, is mulling his options as he sets the tone for a reformed and humbler Holy See.
One of the tests of his papacy will be what he does about the bank which has regularly damaged the Vatican's image over three decades and faces growing calls for reform.
Last year a European anti-money laundering body found that the bank - formally called the Institute for Works of Religion and known by the Italian acronym IOR - had failed to meet some of its standards on fighting financial crimes.
No comments:
Post a Comment