• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
Catholic Review

Catholic Review

Inspiring the Archdiocese of Baltimore

Menu
  • Home
  • News
        • Local News
        • World News
        • Vatican News
        • Obituaries
        • Featured Video
        • En Español
        • Sports News
        • Official Clergy Assignments
        • Schools News
  • Commentary
        • Contributors
          • Question Corner
          • George Weigel
          • Elizabeth Scalia
          • Michael R. Heinlein
          • Effie Caldarola
          • Guest Commentary
        • CR Columnists
          • Archbishop William E. Lori
          • Rita Buettner
          • Christopher Gunty
          • George Matysek Jr.
          • Mark Viviano
          • Father Joseph Breighner
          • Father Collin Poston
          • Robyn Barberry
          • Hanael Bianchi
          • Amen Columns
  • Entertainment
        • Events
        • Movie & Television Reviews
        • Arts & Culture
        • Books
        • Recipes
  • About Us
        • Contact Us
        • Our History
        • Meet Our Staff
        • Photos to own
        • Books/CDs/Prayer Cards
        • CR Media platforms
        • Electronic Edition
  • Advertising
  • Shop
        • Purchase Photos
        • Books/CDs/Prayer Cards
        • Magazine Subscriptions
        • Archdiocesan Directory
  • CR Radio
        • CR Radio
        • Protagonistas de Fe
  • News Tips
  • Subscribe
St. Peter's Basilica at the Vatican is pictured from a terrace in Rome in this Aug. 9, 2018, file photo. (CNS photo/Paul Haring)

Further measures needed to combat financial crime at Vatican, pope says

March 30, 2021
By Cindy Wooden
Catholic News Service
Filed Under: Feature, News, Vatican, World News

Share
Share on Facebook
Share
Share this
Pin
Pin this
Share
Share on LinkedIn
Italian Prime Minister Mario Draghi visits the Sistine Chapel at the Vatican March 27, 2021. His guide for the visit was Father Bruno Silvestrini. Draghi was at the Vatican for the opening of the judicial year of the Vatican City State court. (CNS photo/Vatican Media)

VATICAN CITY (CNS) — Signaling further reforms of the Vatican City State penal code, particularly when it comes to financial crimes, Pope Francis said the laws must reflect “the equality of all members of the church” by doing away with “privileges that go back in time and are no longer in keeping with the responsibility of each for building up of the church.”

Meeting March 27 with the judges, prosecutors, investigators and other members of the Vatican’s state tribunal, the pope also encouraged efforts to facilitate international cooperation in investigations to ensure an accurate exchange of information in a timely manner.

Earlier in the week, the 42-page decision of a London judge was released explaining why he overturned a court order freezing the assets of a financier being investigated by the Vatican for extortion, fraud and money laundering in connection with the Vatican Secretariat of State’s purchase of multimillion-dollar property in London’s Chelsea neighborhood.

The judge said that in asking the British government to freeze the assets of Gianluigi Torzi, who helped broker the deal, the Vatican’s application contained “material non-disclosures and misrepresentations” that were, “in some instances, egregious.”

The Vatican court’s investigation into the property deal is ongoing.

Pope Francis told members of the Vatican court that the multiple changes enacted over the past eight years in the Vatican’s criminal code will be more effective “to the degree that they are accompanied by further penal reforms, especially for combatting and repressing financial crimes, and by the intensification of other activities aimed at making international cooperation between the investigative organs of the Vatican and analogous institutions of other nations simpler and speedier.”

Of course, he said, the effectiveness of legal measures to contrast crime in the Vatican, “especially in the economic and financial sphere,” also require that everyone involved “is always inspired by the founding principles of ecclesial life and, at the same time, takes into account the parameters and good practices in force on the international level.”

A “reality like the Catholic Church” is required to conduct itself in an “exemplary” manner, he said.

“We are called to witness, concretely and credibly, in our respective roles and tasks, to the immense patrimony of values that characterizes the church’s mission, to her being ‘salt and light’ in society and in the international community, especially in moments of crisis such as the present one,” Pope Francis said.

The papal audience was part of the ceremonies marking the beginning of the Vatican City State’s tribunal’s judicial year. The events began in the morning with a Mass celebrated by Cardinal Pietro Parolin, Vatican secretary of state, in the Pauline Chapel of the Apostolic Palace.

Italy’s new prime minister, Mario Draghi, joined members of the tribunal for both the Mass and the audience with the pope; it was his first meeting with Pope Francis since becoming prime minister in mid-February.

Also see

Father Rupnik’s mosaics disappear from Vatican News

Serve the Holy See by striving for holiness, pope tells officials, staff

God’s love breaks down walls, opens borders, dispels hatred, pope says

Holy Spirit fosters unity, peace, justice, pope says at Pentecost vigil

Nicene Creed presents ‘the mystery that unites’ Christians, pope says

Villanova athletes inspired that pope keeps tabs on how his alma mater’s teams fare

Copyright © 2021 Catholic News Service/U.S. Conference of Catholic Bishops

Print Print

Share
Share on Facebook
Share
Share this
Pin
Pin this
Share
Share on LinkedIn

Primary Sidebar

Cindy Wooden

Click here to view all posts from this author

For the latest news delivered twice a week via email or text message, sign up to receive our free enewsletter.

| MOST POPULAR |

  • Religious sisters played role in pope’s formation in grade school, N.J. province discovers

  • With an Augustinian in chair of St. Peter, order sees growing interest in vocations

  • Babe Ruth’s legacy continues to grace Archdiocese of Baltimore

  • Communicate hope with gentleness

  • ‘The Ritual’ seeks to portray exorcism respectfully

| Latest Local News |

Radio Interview: Dominican sister at Mount de Sales shares faith journey from astrophysics to religious life

Mount de Sales Dominican sister shares journey after pursuing science, finding faith 

Words spell success for archdiocesan students

Maryland bishops call for ‘prophetic voice’ in  pastoral letter on AI

Babe Ruth’s legacy continues to grace Archdiocese of Baltimore

| Latest World News |

AI offers opportunities, but should be governed by ethical policy framework, bishops say

L.A. archbishop calls for prayer, restraint, immigration law reform amid ICE protests

Father Rupnik’s mosaics disappear from Vatican News

Serve the Holy See by striving for holiness, pope tells officials, staff

God’s love breaks down walls, opens borders, dispels hatred, pope says

| Catholic Review Radio |

CatholicReview · Catholic Review Radio

Footer

Our Vision

Real Life. Real Faith. 

Catholic Review Media communicates the Gospel and its impact on people’s lives in the Archdiocese of Baltimore and beyond.

Our Mission

Catholic Review Media provides intergenerational communications that inform, teach, inspire and engage Catholics and all of good will in the mission of Christ through diverse forms of media.

Contact

Catholic Review
320 Cathedral Street
Baltimore, MD 21201
443-524-3150
mail@CatholicReview.org

 

Social Media

  • Facebook
  • Instagram
  • Twitter
  • YouTube

Recent

  • AI offers opportunities, but should be governed by ethical policy framework, bishops say
  • L.A. archbishop calls for prayer, restraint, immigration law reform amid ICE protests
  • Father Rupnik’s mosaics disappear from Vatican News
  • Serve the Holy See by striving for holiness, pope tells officials, staff
  • Radio Interview: Dominican sister at Mount de Sales shares faith journey from astrophysics to religious life
  • God’s love breaks down walls, opens borders, dispels hatred, pope says
  • Asking for human life and dignity protections in the ‘One Big Beautiful Bill Act’
  • Washington Archdiocese announces layoffs, spending cuts, restructuring
  • Washington state bishops ask court to block mandatory reporter law without Catholic confession protections

Search

Membership

Catholic Media Assocation

Maryland-Delaware-DC Press Association

The Associated Church Press

© 2025 CATHOLIC REVIEW MEDIA, ALL RIGHTS RESERVED

en Englishes Spanish
en en