July 2, 2013

Vatican Information Service Bulletin

The following, in it's entirety, is a copyrighted transcript of the Vatican Information Service.







Vatican City, 2 July 2013 (VIS) – The programme of Pope Francis' trip to Lampedusa on Monday 8 July was announced today.

The Holy Father will depart from Rome's Ciampino military airport at 8.00 a.m., landing at Lampedusa airport at 9.15 a.m., where he will be welcomed by Archbishop Francesco Montenegro of Agrigento and Giuseppina Nicolini, mayor of Lampedusa. The Holy Father will then go on by car to Cala Pisana, where he will board a boat in order to reach Lampedusa by sea. He will be accompanied by fisherman in their boats, and will commit a wreath to the sea in memory of those who lost their lives in the shipwreck. He will arrive at the port of Punta Favarolo at 9.30 a.m., where he will greet the groups of immigrants awaiting him at the dock.

He will then go on to the “Arena” sports camp in the Salina quarter, where he will celebrate Mass at 10.00 a.m. At 11.30 a.m., following the celebration of the Eucharist, the Pope will continue by car to the parish of San Gerlando, where he will make a brief stop. He will leave the parish at 12.30 p.m. and will be transported to Lampedusa airport by car. At 12.45 p.m. the papal aeroplane will depart from Rome, where it is expected to land at Ciampino airport at 1.45 p.m. The Holy Father will return immediately to Vatican City.



Vatican City, 2 July 2013 (VIS) – A communique was issued in English by the Holy See Press Office late yesterday afternoon, the full text of which is given below:

“IOR-Director Comm. Paolo Cipriani and Deputy Director Dott. Massimo Tulli have offered their resignations from their current positions. After many years of service both have decided that this decision would be in the best interest of the Institute and the Holy See. The Oversight Council and the Commission of Cardinals have accepted their resignations and asked President Ernst von Freyberg to assume the functions of the General Director ad interim with immediate effect. The Vatican regulator AIF has been informed accordingly. The Special Commission appointed on June 26 2013 has acknowledged the decision.

“Ernst von Freyberg will be supported by Rolando Marranci as acting Deputy Director and Antonio Montaresi in the newly created position as acting Chief Risk Officer with the remit of overseeing compliance and special projects. Previously Rolando Marranci served as Chief Operating Officer at a leading Italian bank in London. Antonio Montaresi has served as Chief Risk and Chief Compliance Officer with various banks in the US.

“'In the name of the Oversight Council I thank Mr. Cipriani and Mr. Tulli for their personal dedication over the past years,' said President Ernst von Freyberg. 'I welcome Rolando Marranci and Antonio Montaresi as outstanding professionals,' he said. 'Since 2010 the IOR and its management have been working hard to bring structures and processes in line with international standards for anti-money laundering. While we are grateful for what has been achieved, it is clear today that we need new leadership to increase the pace of this transformation process. Our progress is in no small measure due to the continued support from the governing bodies of the Institute and its personnel.'

“The Oversight Council has also initiated a selection process with the aim of appointing a new General Director and Deputy Director in the near future.

“Elizabeth McCaul, Partner-in-charge of the New York Office and Chief Executive Officer of Promontory Europe and Raffaele Cosimo, Chief Operating Officer of Promontory Europe were mandated this past May by the President of the Oversight Council to strengthen the Institute’s anti-money laundering program in seven work streams including conducting a forensic review and screening its client relationships. Mr von Freyberg has also asked Elizabeth McCaul and Raffaele Cosimo to serve as Senior Advisors to support the management. Previously, Ms. McCaul served as New York Superintendent of Banks and is considered a leader in regulatory circles. Mr. Cosimo is an expert in bank governance and operations.”

About the IOR

“The 'Istituto per le Opere di Religione' (IOR) is an institute founded in 1942 by Papal Decree. The IOR’s purpose is to serve the Holy See and in the Catholic Church throughout the world, as set out in its Statutes. The IOR safeguards the assets of a clearly defined group of legal and natural persons that have an affiliation to the Catholic Church defined by Canonical or Vatican Law. A Cardinals’ Commission, a Prelate, an Oversight Council and a Directorate constitute the IOR’s corporate governance structure. The IOR, which has 114 employees, is exclusively situated on the sovereign territory of the Vatican City State.”



Vatican City, 2 July 2013 (VIS) - Today, the Holy Father received in audience:

- Cardinal Leonardo Sandri, prefect of the Congregation for the Oriental Churches

- Cardinal Mauro Piacenza, prefect of the Congregation for the Clergy


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