Continuing his financial reforms, Pope Francis ordered that all financial assets of the Vatican Secretariat of State, including accounts at the bank, be managed by the Administration of the Patrimony of the Holy See, the Vatican’s main investment arm.
Pope removes management of finances, property from Secretariat of State
Cardinal Becciu resigns as prefect, renounces rights as cardinal
In a move apparently related to Vatican financial scandals, Pope Francis accepted Cardinal Angelo Becciu’s resignation as prefect of the Congregation for Saints’ Causes and his renunciation of the rights associated with being a cardinal.