XVI appointed Attilio Cardinal Nicora, as president of the newly
created Financial Information Authority (FIA). Until now, the cardinal has been the
head of the Administration of the Patrimony of the Holy See. Also appointed on
Wednesday were the members of the executive council of the FIA:
Bianchi, former professor of accounting at Rome’s La Sapienza University;
Institute for the Sustenance of the Clergy.
Surprisingly, no North
Americans were appointed.
The Financial Information Authority was formed on December
30 as an “autonomous and independent body with the specific task of
preventing and countering the laundering of money and the financing of
terrorism with respect to each subject, both legal and physical, entity and
institution of whatever nature, of Vatican City State, of the Dicasteries of
the Roman Curia and of all the other institutions and entities dependent on the