Pope Francis issues law reorganizing Vatican finances

Vatican City, Dec 28, 2020 / 05:10 am (CNA).- Pope Francis issued a new law Monday reorganizing Vatican finances following a series of scandals. 

In a document issued Dec. 28, the pope formalized the transfer of financial responsibilities from the Vatican’s Secretariat of State to the Administration of the Patrimony of the Apostolic See (APSA), which functions as the Holy See’s treasury and sovereign wealth manager.