La formazione di un ordinamento finanziario nello Stato della Città del Vaticano
The rationale of financial activity into Vatican City State is deeply linked to the need of fulfilling its institutional objective, which is to ensure the absolute and visible independence of the Holy See in conducting Its Mission worldwide. To this end, Vatican City State – through the financial in...
| Main Author: | |
|---|---|
| Format: | Print Article |
| Language: | Italian |
| Check availability: | HBZ Gateway |
| Journals Online & Print: | Drawer...
|
| Fernleihe: | Fernleihe für die Fachinformationsdienste |
| Published: |
Mucchi
2014
|
| In: |
Archivio giuridico Filippo Serafini
Year: 2014, Volume: 234, Issue: 3, Pages: 401-439 |
| Standardized Subjects / Keyword chains: | B
Vatikanstadt
/ Catholic church, Sancta Sedes
/ Finances
/ Financial market
/ Financial law
|
| RelBib Classification: | SA Church law; state-church law XA Law |
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| 520 | |a The rationale of financial activity into Vatican City State is deeply linked to the need of fulfilling its institutional objective, which is to ensure the absolute and visible independence of the Holy See in conducting Its Mission worldwide. To this end, Vatican City State – through the financial institutions operating in its small territory – finds itself to have access to international financial markets. Since the introduction of the Euro, this has required the adoption of an ad hoc legislation, aimed at combating economic crime and strengthening financial supervision, offering the chance to envisage – for the first time – a Vatican Regulatory Financial Framework, composed by a supreme authority, a supervisory system, overseen entities and a range of authorized financial activities and markets. Consequently, Vatican City State is called to enhance financial regulation through high supervisory standards and consistently to its peculiar institutional system, without jeopardizing the independence of the Holy See. Therefore, while defining the core principles of its financial regulation, Vatican City State has to take into account its peculiar juridical nature and scope, the canonical status of the financial institutions operating in its territory and the sources of its laws, which are hierarchically based upon the Law of God. This opens the possibility to enact a secular financial law system concretely inspired by the Social Doctrine of the Catholic Church, consistently to the Pastoral message of Pope Francis. | ||
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