Articles on this issue "Institute for the Works of Religion "

First Vatican Report Against Money Laundering Released

Holy See Taking Steps to Combat Money Laundering and Terrorism Financing

Vatican City, (Zenit.org) H. Sergio Mora | 515 hits

The Vatican’s Financial Information Authority (AIF) published its first annual report, which examines the activities and statistics of 2012. AIF not only controls the activities of the …

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Commission of Cardinals Appoints New IOR President

German Lawyer Ernst von Freyburg to Head Supervisory Board

Vatican City, (Zenit.org) Junno Arocho Esteves | 1610 hits

In a communique released by the Vatican Press Office, the Holy See's Commission of Cardinals announced the appointment of a new president of the Institute for the Works of Religion's (IOR) …

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Here is the text of the communique released by the Holy See Press Office regarding the appointment of the new President of the Supervisory Board for the Institute for the Works of Religion, …

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Vatican's Move to Financial Transparency Rewarded

$33M Unfrozen; Aide Affirms Holy See's Commitment to Continue

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Italian authorities have lifted a freeze on funds of the Institute for the Works of Religion amounting to $33 million (23 million). The institute, known as the Vatican Bank, was subjected to …

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Vatican Bank Addresses Financial Crisis

Stresses Human Dignity as Basis of Economy

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The Institute for the Works of Religion (IOR) held a meeting to analyze and explain to religious institutes the state of the global economic crisis. This meeting took place Tuesday in the …

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Vatican Bank Commits to Transparency

Prosecutors Consider Institute a Foreign Bank

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The directors of the Institute for the Works of Religion (IOR) are confirming their commitment to transparency, after a document from the Italian prosecutor's office explained the reasons …

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Aide "Astonished" Over Vatican Funds Freeze

Says Directors Will Soon Clarify Misunderstanding

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A Vatican spokesman is expressing astonishment over the confirmation of an Italian court of the seizure of a deposit by the Institute for the Works of Religion. Jesuit Father Federico …

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Vatican Economist: Recession Caused by Low Birthrate

Blames Small Families, Poor Savings Habits

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Bankers are not the cause of the global economic crisis, according to the president of the Institute for the Works of Religion. Rather, the cause is ordinary people who do not "believe in the …

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