by sjcpost | Feb 20, 2021 | Vatican Corner
The 25 U.S. regulatory specialists who were brought in to examine the accounts of the Vatican Bank in 2013 uncovered poor procedures for checking information, inadequate documentation, and a complex system of proxies that hid who really controlled many accounts. Two...
by sjcpost | Feb 13, 2021 | Vatican Corner
The Vatican Bank or (IOR) is a comparatively recent institution, but its roots can be traced back to 1887 when Pope Leo XIII would keep the gold coins of the Vatican’s operating capital in a trunk under his bed. Today this private Bank’s customers are mostly all part...
by sjcpost | Feb 6, 2021 | Vatican Corner
The Vatican’s Institute of Works for Religion (IOR) also known as the Vatican Bank is a private bank in Vatican City. It is located in a medieval tower that once was a dungeon. At the entrance you are checked by two Swiss Guards, pass through a two-door security kiosk...
by sjcpost | Jan 30, 2021 | Vatican Corner
On January 23, 2021, the Vigil of the Memorial of St. Francis de Sales, the patron saint of writers and journalists, Pope Francis issued a new warning about misinformation being spread on social media. He wrote that “we have known for some time that news and even...
by sjcpost | Jan 23, 2021 | Vatican Corner
The Vatican announced on January 13, 2021 that Pope Francis and Pope Emeritus Benedict XVI have received their first doses of the Covid-19 vaccine and that the Vatican’s program of vaccinations has begun. The program is entirely voluntary and the vaccine being offered...
by sjcpost | Jan 16, 2021 | Vatican Corner
The Virgin Mary our Blessed Mother has had a special presence in the Americas for over five hundred years. Christopher Columbus named his flagship the Santa Maria. The Spanish and French missionaries, who came along with the explorers introduced Mary to the native...