Skip to content
Subscriber Only

Vatican Bank, Central Bank Didn’t Communicate, Repubblica Says

The Vatican Bank’s communications with Italy’s central bank were inadequate and this may have prompted a probe into alleged violations of money-laundering rules, la Repubblica reported, citing Vatican Bank chief Ettore Gotti Tedeschi.

Communications between the Institute for Works of Religion, or IOR, as the Vatican Bank is called, “always worked well” in the past, Gotti Tedeschi told Repubblica in an interview published today. “Relations with the Bank of Italy are good.”