The Vatican’s financial watchdog recorded 78 suspicious activity reports in 2025, according to its latest annual report, offering a fresh snapshot of the Holy See’s long effort to present itself as a more transparent and internationally credible financial jurisdiction. The report was issued by the Supervisory and Financial Information Authority, known by its Italian initials ASIF, and presented on April 30.
Of the 78 reports received, 73 concerned accounts at the Institute for the Works of Religion, the body commonly referred to as the Vatican Bank. Four came from various entities of the Holy See and Vatican City State, while one related to another unspecified organisation.
