Leo’s first financial reform: A new dawn or history on repeat?
'Coniuncta cura' marks the first real step in Vatican finances under Leo - but its unclear which direction things are headed.
Pope Leo XIV has repealed a major financial regulation instituted by Pope Francis, and allowed Vatican curial departments to again make use of international banks and investment vehicles for managing Vatican assets.
The decision, issued as a motu proprio signed September 29 but made public Oct 6., repeals a rescript issued by Leo’s …