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Pope Boosts Powers of Vatican Financial Authority After Scandals

  • Francis trying to turn the page on Vatican financial scandals
  • Reform plan has meet with internal resistance from Roman Curia
Pope Francis

Pope Francis

Photographer: Filippo Monteforte/AFP/Getty Images

Pope Francis has boosted the supervisory powers of the Vatican’s financial intelligence and anti-money laundering unit, the latest salvo in his push to turn the page on money scandals.

Under Pope Francis’s plan, the agency will be split into three parts: vigilance, rules and legal affairs, and financial information, the Vatican said in a statement on Saturday.