Vatican City, Mar 4, 2015 / 05:05 pm (CNA/EWTN News).- Statutes for the Vatican's three finanical oversight bodies were released earlier this week, largely consolidating the influence of the Secretariat for the Economy and its prefect, Cardinal George Pell.

Signed by Pope Francis Feb. 22 and having come into effect March 1, the statutes of the Council for the Economy, the Secretariat for the Economy, and the Office for the General Auditor provided a legal framework to the three new Vatican offices.