Francisco closely monitors the Vatican Bank: they will be able to examine all their accounts

Thus, Article 26 of the new law establishes that "The legal examination of the narratives is exercised by an external examiner (individual or company), appointed by the Cardinal Commission, on the proposal of the Supervisory Board, for a period of three consecutive years, renewable once.".

In the previous law, which was established by St. John Paul II in 1990, it was not necessary for the rapporteurs to be outside the structure of the Vatican Bank.

In addition, in the new Article 27, the External Auditor has the power to examine "all books and accounting documents"something that did not appear in the previous law either.

With the change in the requirement of external proofreaders, Francisco's chirograph also modifies the structure of the IOR, which included until now the proofreaders and which, to this day, will only be composed of A cardinal commission, the prelate, the supervisory board and the director. .

In this context, and also looking for greater control, Pope Francis has extended from five to seven the number of members of the Superintendency Councilthis as the rest of the charges remains with a duration of five years.

The IOR "is not open to the general public", is reserved for Vatican staff, non-nuns and diplomats accredited to the Holy See, in accordance with the statutes.

With its motto of "transparency" in the accounts of the Vatican after years of suspicion of their financial activitiesIn 2013, Francisco created a commission to look for more regulation in the IOR and in the general economy of the Holy See.

In this context, according to a report of the financial authority of the Holy See, in 2018, the first conviction for money laundering offense at the Vatican would have been pronounced, and the IOR would adhere to the SEPA system, which would allow him to have the IBAN code. For transactions.