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Vatican Bank Reforms

The Vatican Bank's history of money laundering allegations, ties to controversial Italian bankers and the Mafia, and high-profile collapse scandals, as well as the reforms implemented under Popes Benedict XVI and Francis to address these issues.

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Feb 2, 2026

What documented scandals and reforms surround the Vatican Bank from the 1970s to today?

or IOR, has been linked repeatedly since the 1970s to money‑laundering allegations, ties to controversial Italian bankers and the Mafia, and high‑profile collapse scandals—most notably the affair—forc...