Vatican finance is characterized by its service to charity. The tools used and the organization of structures are closely linked to the mission of the Church. In this perspective Vatican financial activity is marked by specific ethical rules. In the same way the Vatican banking system is organized to meet solidarity goals. On several occasions Francis has intervened to improve the organization of the administration, controls and supervision of these activities. Vatican financial and banking system highlights the autonomy of this system. However, it is called to enter into relations with other states. Therefore, a problem of coexistence between norms, principles and practices arises when Vatican economic rules are not characterized only by the specific religious nature but represent an expression of a State.
Ethical finance and the vatican banking system: the reforms of Pope Francis
Raffaele Santoro
;Federico Gravino
2023
Abstract
Vatican finance is characterized by its service to charity. The tools used and the organization of structures are closely linked to the mission of the Church. In this perspective Vatican financial activity is marked by specific ethical rules. In the same way the Vatican banking system is organized to meet solidarity goals. On several occasions Francis has intervened to improve the organization of the administration, controls and supervision of these activities. Vatican financial and banking system highlights the autonomy of this system. However, it is called to enter into relations with other states. Therefore, a problem of coexistence between norms, principles and practices arises when Vatican economic rules are not characterized only by the specific religious nature but represent an expression of a State.I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.
