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Vatican Bank

Why Pope Francis’ Vatican bank order is a big deal

Analysis

Ed. Condon
Aug 23, 2022
∙ Paid

Pope Francis issued a rescript Tuesday emphasizing that all Vatican departments and institutions are required to move their investments and cash to the Institute for Works of Religion, commonly called the Vatican Bank, within the next few weeks.

At first glance, the document appeared to be little more than a “hurry up” legal memo to curial departments, g…

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