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Vatican financial watchdog loses autonomy — By: Catholic News Agency

VATICAN CITY — The Vatican’s financial intelligence and anti-money-laundering authority has been overhauled under a new 12-article statute that eliminates its president and board and places it under a new structure led by a director and deputy director appointed by the pope. The Authority for Financial Information and Supervision, known by its Italian acronym ASIF,…

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Christian Brothers in Australia transferred millions in property ahead of settlement, report claims — By: Catholic News Agency

A Christian group that is facing closure in Australia and elsewhere amid efforts to settle abuse lawsuits reportedly transferred millions of dollars’ worth of property to a separate Catholic entity over a period of years, according to allegations in a major news report. Christian Brothers Oceania Province said on June 22 it was proposing a…

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