Learn languages naturally with fresh, real content!

Popular Topics
Explore By Region
Pope Leo XIV reverses a 2022 Vatican financial rule, restoring local control and allowing non-Vatican banks.
Pope Leo XIV has begun reversing some financial policies of Pope Francis, issuing a decree on October 6, 2025, to repeal a 2022 law that centralized control of Vatican assets under the Institute of Religious Works.
The new rule allows the Holy See to use non-Vatican banks when practical, restoring authority to the Office of the Patrimony of the Apostolic See.
This shift follows another early move removing a top official from the Secretariat of State.
These actions signal a broader effort to recalibrate financial governance, improve transparency, and address concerns over past decision-making.
16 Articles
El Papa León XIV revierte una regla financiera del Vaticano de 2022, restaurando el control local y permitiendo bancos no vaticanos.