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  1. The Institute for the Works of Religion (Italian: Istituto per le Opere di Religione – IOR), commonly known as the Vatican Bank, is a private bank situated inside Vatican City and run by a Board of Superintendence which reports to a Supervisory Commission of Cardinals and the Pope.

    The Bank Identifier Code of the Institute for the Works of Religion is IOPRVAVX.

    Since 9 July 2014, its president is Jean-Baptiste de Franssu.

    The IOR is regulated by the Vatican's financial supervisory body AIF (Autorità di Informazione Finanziaria).

    The institute was founded by papal decree of Pope Pius XII in June 1942.

    Its assets are not the property of the Holy See, and therefore it is outside the jurisdiction of the Prefecture for the Economic Affairs of the Holy See.

    In June 2012, the IOR gave a first presentation of its operations.

    In July 2013, the Institute launched its own website.

    On 1 October 2013, it also published its first-ever annual report, which has been available for download since then.

    On 24 June 2013, Pope Francis created a special investigative Pontifical Commission (CRIOR) to study IOR reform.

    On 7 April 2014, Pope Francis approved respective recommendations on the IOR's future which were jointly developed by the CRIOR and COSEA commissions, and the IOR's management.

    "The IOR will continue to serve with prudence and provide specialized financial services to the Catholic Church worldwide", as the Vatican release stated.

    On 7 April 2014, Pope Francis approved a proposal on the Institute's future, "reaffirming the importance of the IOR’s mission for the good of the Catholic Church, the Holy See and the Vatican City State".

    On 25 May 2015, the IOR published its Annual Report for 2014.

  2. I'm not a religious person but I admire the Catholic church as an institution. They came from nothing and became one of the most powerful, for a long time THE most powerful, organization in the world. It takes a lot of skill to convince all those people that they need to follow your ways based on nothing but faith.

  3. ARCHBISHOP GILDAY: It seems in today’s world the power to absolve debt is greater than, the power of forgiveness. Six hundred million dollars.

    MICHAEL (smiles): Don’t overestimate the power of forgiveness.

    ARCHBISHOP GILDAY: Don Corleone. This deal with Immobiliare can make you one of the richest men in the world. Your whole past history, and the history of your family, will be washed away. Six hundred million.

  4. Don't know why people hate it so much. Well, obviously it's not as good as the first one bu it's still a great movie. A lot better than stupidity we see today…
    Godfather 1 is 10/10 for me
    Godfather 2 is 9/10
    Godfather 3 is 8/10

  5. Many people are saying that the Catholic Church in this movie is an institution that serves as nothing more then to being a vessel of corruption, and greed. Just remember that its not the Church itself, but the men who choose to run it as that which makes it seem bad.

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