Pope Francis names new head of Vatican financial agency
VATICAN CITY -- Pope Francis appointed a seasoned Italian finance inspector to lead the Vatican's financial watchdog agency following the resignation of its president.
VATICAN CITY – The Vatican's financial watchdog agency reported a huge jump in the number of financial transactions flagged as "suspicious" and in the value of assets it has blocked or frozen.
During 2015, the Financial Intelligence Authority "received 544 reports of suspicious activities — almost three times as many as 2014," it said in its annual report, released April 28.
VATICAN CITY - Pope Francis named a slate of new members to the Vatican's financial watchdog agency, replacing an all-Italian panel with members from Italy, Switzerland, Singapore and the United States.