Search Results for: Vatican
PwC Vatican audit suspended
April 25th, 2016
THE MUCH VAUNTED first external audit into the Vatican’s opaque finances has been halted. A Vatican spokesman said the audit by PwC had been suspended. Vatican watchers point to widening tensions between the Church’s reforming wing – championed by the Pope Francis-appointed ...
Vatican appoints PricewaterhouseCoopers to audit accounts
December 7th, 2015
The Vatican has ordered the first ever external audit of its accounts as part of Pope Francis’ efforts to reform the Roman Catholic Church. The auditor, accounting giant PricewaterhouseCoopers, will start work immediately, a papal spokesman said. Pope Francis ...
Vatican Bank Joins 100 Nations In FATCA Offshore Account Hunt
December 29th, 2014
In his annual Christmas messages to more than one billion Catholics, the Pope may have left out something: offshore account compliance. Maybe, but the U.S. Treasury is more than happy to fill in the blanks. Just before Christmas, the ...
Vatican bank chief to step down amid restructure
July 9th, 2014
The president and four non-executive members of the governing board of the Vatican bank are due to step down. The move, part of a restructure of the Catholic Church’s central government, will be announced on Wednesday. Pope Francis has ...
The psychology of systemic consensus
November 16th, 2018
We are all too familiar with established views rejecting change. It has nothing to do with the facts. Officialdom’s mind is often firmly closed to all reason on the big issues. To appreciate why we must understand the ...
How powerful is your passport?
March 23rd, 2017
The Henley & Partners Visa Restrictions Index is a global ranking of countries according to the travel freedom that their citizens enjoy. For more than a decade, Henley & Partners has analyzed global visa regulations to present an index ...
EY has awarded US $1m to the 2016 winners of its global program
January 18th, 2017
EY has awarded US$1m to the 2016 winners of its global program, Better begins with you, which recognizes outstanding EY people and teams who have found inspiring and impactful ways to bring the organization’s purpose – building a better ...
Malice in Wonderland
January 15th, 2017
Malice in Wonderland Recently, I was quietly reading in my armchair, eyes closing and trying to stay awake, and the next moment I was falling down a rabbit hole. After falling into the void, I found myself outside a ...
The world’s poorest man has handed himself in to French authorities
December 5th, 2014
Jerome Kerviel, the ex-Societe Generale trader who has more debt than anyone else in the world, has turned himself in to French authorities to begin a three-year jail sentence. His return home is something of an end point to ...
How Suntech, Chinese Solar Giant, Was Snared In An Italian Fraud Scandal
March 21st, 2014
As 2008 began, the future looked brilliant for green energy giant Suntech Power and its high-flying founder, Shi Zhengrong. Suntech was one of the world’s largest makers of solar panels, the first non-state-owned Chinese company traded on the New ...
