IOR Authority Reversed by Pope Leo XIV

Pope Leo XIV revoked a 2022 rescript granting IOR exclusive asset-management powers.
Critics claim the 2022 rescript contradicted the Holy See's constitution.
The motu proprio mandates co-responsibility roles for Holy See institutions.
Leo reversed Pope Francis's IOR authority, recalibrating Vatican finances.
The move follows past financial scandals and donor concerns.

Finance | Religion | Vatican

Vatican City

Pope Leo XIV | Pope Francis

1 month ago