Pope creates commission to review Vatican bank

Pope Francis has created a five-person commission to review the activities and mission of the Vatican bank, reports the Catholic News Service.

The new pontifical commission reflects the pope's desire to ensure the bank's activities are in harmony with the mission of the universal church and the Apostolic See, said a Vatican communique published yesterday.

The communique, issued by the Vatican Secretariat of State, said the commission's aim is "to collect information on the running of the Institute" for the Works of Religion, the formal name of the Vatican bank, and to then present the results to Pope Francis.

The commission, which has already begun its work, is part of the pope's larger efforts to reform the central offices of the church, the statement said.

Jesuit Father Federico Lombardi, Vatican spokesman, told reporters that members of the College of Cardinals had asked the new pope "to work on how the central government of the church works and he's doing so with great commitment, using instruments that he finds helpful to get the information he needs to make his decisions and exercise his responsibilities."

While the bank "will continue to function according to its current statutes," Father Lombardi said, the papal commission will help the pope decide if reforms are necessary and whether they are "reforms in the way the bank operates or reforms of other kinds."

The commission is to have wide and unencumbered access to all "documents, data, information," the Vatican said.

FULL STORY Pope creates commission to study mission of Vatican bank (CNS)

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