Administration of the Patrimony of the Apostolic See

Last updated

The Administration of the Patrimony of the Apostolic See (APSA; Italian : Amministrazione del Patrimonio della Sede Apostolica) is the office of the Roman Curia that deals with the "provisions owned by the Holy See in order to provide the funds necessary for the Roman Curia to function". [1] It was established by Pope Paul VI on 15 August 1967 and reorganized on 8 July 2014. APSA acts as the Treasury and central bank of Vatican City and the Holy See.

Contents

Both before and after the reorganization of its functions in 2014, APSA has been distinct from the Prefecture for the Economic Affairs of the Holy See.

Assets

The assets entrusted to the administration (previously in the care of what was its Extraordinary Section) were initially 750 million Italian lire (at that time equivalent to 8,152,000 pounds sterling) in cash and 1000 million Italian lire (at that time equivalent to 10,869,000 pounds sterling) in Italian State bonds, an amount less than Italy would have paid under the Law of Guarantees of 1871, if the Holy See had accepted this. [2] A 2012 report from the Council of Europe identified the value of a section of the Vatican's property assets as an amount in excess of €680m (£570m); as of January 2013, a papal official in Rome named Paolo Mennini manages this portion of the Holy See's assets—consisting of British investments, other European holdings and a currency trading arm. The Guardian described Mennini as "in effect the pope's merchant banker [who] heads a special unit inside the Vatican called the extraordinary division of APSA – Amministrazione del Patrimonio della Sede Apostolica – which handles the so-called 'patrimony of the Holy See'." [3]

History

Pope Paul VI established APSA as part of his broader reform of the Roman Curia in the apostolic constitution Regimini Ecclesiae universae issued on 15 August 1967. [4] It is the latest in a series of bodies first established in 1878 and subject to periodic modifications in name and remit. [5]

APSA was composed originally of two sections:

On 9 July 2014, the Ordinary Section of APSA was transferred to the Secretariat for the Economy. [8] [9] Only the Extraordinary Section remained within the purview of APSA. Since then APSA focuses exclusively on its role as a Treasury for the Holy See and the Vatican City State. [10] [11] [12]

Although Pope John Paul II's apostolic constitution Pastor Bonus specified that APSA is headed by a prelate with the rank of cardinal, [13] the custom of giving the president of APSA the temporary title of "Pro-President" in anticipation of his becoming a cardinal has falling into disuse; Pope John Paul and his successors have all given the title of President to prelates who were not yet cardinals.

List of presidents

Related Research Articles

Holy See Jurisdiction of the Bishop of Rome

The Holy See, also called the See of Rome or Apostolic See, is the jurisdiction of the Bishop of Rome, known as the Pope, which includes the apostolic episcopal see of the Diocese of Rome with universal ecclesiastical jurisdiction of the worldwide Catholic Church, as well as a sovereign entity of international law, governing the Vatican City.

Crescenzio Sepe Cardinal and Archbishop of Naples

Crescenzio Sepe is an Italian prelate of the Catholic Church who served as Archbishop of Naples from 2006 to 2020. He served in the Roman Curia as Prefect of the Congregation for the Evangelization of Peoples from 2001 to 2006. He was made a cardinal in 2001. Before that he spent 25 years in increasingly important positions in the Roman Curia.

Jozef Tomko

Jozef Tomko is a Slovak Cardinal of the Catholic Church. He served as Prefect of the Congregation for the Evangelization of Peoples from 1985 to 2001 and was made a cardinal in 1985.

Lorenzo Antonetti Italian cardinal of the Catholic Church

Lorenzo Antonetti was a Cardinal in the Catholic Church, who held several positions in the Vatican diplomatic service.

Agostino Cacciavillan 20th and 21st-century Italian Catholic cardinal and bishop

Agostino Cacciavillan is an Italian prelate of the Catholic Church, a cardinal since 2001. He worked in the diplomatic service of the Holy See from 1959 to 1998; he was given the titles of archbishop and nuncio in 1998 and served as Pro-Nuncio to Kenya, India, Nepal, and the United States between 1976 and 1998. He then worked in the Roman Curia from 1998 to 2002 as President of the Administration of the Patrimony of the Apostolic See.

Sergio Sebastiani Italian prelate of the Catholic Church (born 1931)

Sergio Sebastiani is an Italian prelate of the Catholic Church who was head of the Prefecture for the Economic Affairs of the Holy See from 1997 to 2008. He was made a cardinal in 2001. From 1960 to 1994 he worked in the diplomatic service of the Holy See, becoming an archbishop and apostolic nuncio in 1976 and leading the offices representing the Vatican in Madagascar, Mauritius, and Turkey.

Julián Herranz Casado Spanish Cardinal of the Catholic Church (born 1930)

Julián Herranz Casado is a Spanish Cardinal of the Catholic Church. He served as president of the Pontifical Council for the Interpretation of Legislative Texts in the Roman Curia from 1994 to 2007, and was elevated to the cardinalate in 2003.

The Secretariat of State is the oldest dicastery in the Roman Curia, the central papal governing bureaucracy of the Catholic Church. It is headed by the Cardinal Secretary of State and performs all the political and diplomatic functions of the Holy See. The Secretariat is divided into three sections, the Section for General Affairs, the Section for Relations with States, and, since 2017, the Section for Diplomatic Staff.

The Office for the Liturgical Celebrations of the Supreme Pontiff is that section of the Roman Curia responsible for organizing and conducting liturgies and other religious ceremonies performed by the pope of the Catholic Church. It is headed by a "master" appointed for a term of five years.

The Pontifical Council for Legislative Texts is a dicastery of the Roman Curia. Its work "consists mainly in interpreting the laws of the Church".. It is distinct from the highest tribunal or court in the Church, which is the Supreme Tribunal of the Apostolic Signatura, and does not have law-making authority to the degree the Pope and the Holy See's tribunals do. Its charge is the interpretation of existing canon laws, and it works closely with the Signatura and the other Tribunals and the Pope. Like the Signatura and the other two final appellate Tribunals, the Roman Rota and the Apostolic Penitentiary, it is led by a prefect who is a bishop or archbishop.

Gustavo Testa

Gustavo Testa was an Italian prelate of the Catholic Church, who was made a Cardinal in 1959. He spent his career in the Roman Curia. He entered the diplomatic service of the Holy See in 1920 and held several appointments as papal nuncio from 1934 to 1959. He headed the Congregation for the Oriental Churches from 1962 to 1968.

Pietro Ciriaci

Pietro Ciriaci was an Italian Cardinal of the Catholic Church who served as prefect of the Sacred Congregation of the Council in the Roman Curia from 1954 until his death, and was elevated to the cardinalate in 1953 by Pope Pius XII.

The Peregrinatio ad Petri Sedem, abbreviated P.A.P.S., was a papal institution for assistance to pilgrims to Rome and certain other Catholic sites and events.

The Fabric of Saint Peter is an institution of the Roman Catholic Church responsible for the conservation and maintenance of St. Peter's Basilica and exercising vigilance over its sacred character and the organization of visitors. While it is not part of the Roman Curia, the 1988 apostolic constitution Pastor bonus recognizes it as "closely associated with the Holy See". The Fabric has existed under various names and varying responsibilities since 1523, when Pope Clement VII established a commission to build and administer the Basilica.

Angelo Comastri

Angelo Comastri is an Italian prelate of the Catholic Church. He was Archpriest of St. Peter's Basilica from 2006 to 2021, and Vicar General for the Vatican City State and President of the Fabric of Saint Peter from 2005 to 2021. He previously served as Bishop of Massa Marittima-Piombino (1990–1994) and Territorial Prelate of Loreto (1996–2005). He was named a cardinal in 2007.

Manuel Monteiro de Castro

Manuel Monteiro de Castro is a Portuguese prelate of the Catholic Church who worked in the diplomatic service of the Holy See from 1967 to 2009, with the rank of archbishop and the title of nuncio from 1985. His assignments as nuncio included the Caribbean, South Africa, Central America, and Spain. He ended his career in senior positions in the Roman Curia from 2009 to 2013. He was made a cardinal in 2012.

Antonio Maria Vegliò

Antonio Maria Vegliò is an Italian Cardinal of the Roman Catholic Church, who has served as Vatican diplomat and in the Roman Curia. He was President of the Pontifical Council for the Pastoral Care of Migrants and Itinerants. Vegliò was created a Cardinal by Pope Benedict XVI on 18 February 2012.

Santos Abril y Castelló Spanish prelate of the Catholic Church (born 1936)

Santos Abril y Castelló is a Spanish prelate of the Catholic Church. After a career in the diplomatic corps of the Holy See, he held a number of positions in the Roman Curia and from 2011 to 2016 was Archpriest of the Basilica of Santa Maria Maggiore.

Bruno Bertagna

Bruno Bertagna was an Italian prelate of the Catholic Church who worked in the Roman Curia. He became a bishop in 1991 and an archbishop in 2007. From 1994 to 2007 he was Secretary of the Pontifical Council for Legislative Texts.

Agostino Marchetto Italian prelate of the Catholic Church (born 1940)

Agostino Marchetto is an Italian prelate of the Catholic Church who worked in the diplomatic service of the Holy See from 1968 to 1999 and then in the Roman Curia until his retirement in 2010. He is regarded as one of the principal historians of the Second Vatican Council.

References

  1. Pastor Bonus , 172 as revised by Motu proprio on 8 July 2014
  2. "End of Roman Question". The Times. L'Actualité de l'histoire. 12 February 1929.
  3. Leigh, David (21 January 2013). "How the Vatican built a secret property empire using Mussolini's millions". The Guardian. Retrieved 23 January 2013.
  4. Pope Paul VI (15 August 1967). "Regimini Ecclesiae universae". Libreria Editrice Vaticana. Retrieved 30 September 2020. The text is available in Italian and Latin.
  5. "Amministrazione del Patrimonio della Sede Apostolica" (in Italian). A.P.S.A. Retrieved 30 September 2020.
  6. Annuario Pontificio 2012 ( ISBN   978-88-209-8722-0), p. 1847. The same text is given on the website of the Holy See Archived 8 June 2011 at the Wayback Machine
  7. Pollard, 2005, p. 200.
  8. "Pope revolutionizes Vatican by opening finances to scrutiny". Reuters. 24 February 2014. Retrieved 24 February 2014.
  9. "Motu proprio of 8 July 2014". 14 July 2014. Archived from the original on 14 July 2014.
  10. "Press Conference for the presentation of the New Economic Framework for the Holy See". Press Office of the Holy See. 9 July 2014. Retrieved 5 January 2017.
  11. "New Economic Framework for the Holy See". Vatican Information Service. 9 July 2014. Retrieved 13 July 2014.
  12. O'Connell, Gerald (11 July 2014). "Exclusive Interview with Cardinal George Pell on Financial Reform at the Vatican". America. Retrieved 5 January 2017.
  13. "Pastor Bonus". Libreria Editrice Vaticana. Retrieved 20 October 2020. Chapter II, Article 173.
  14. Acta Apostolicae Sedis (PDF). LX. 1968. p. 299.
  15. 1 2 Acta Apostolicae Sedis (PDF). LXI. 1969. pp. 349–51.
  16. 1 2 Acta Apostolicae Sedis (PDF). LXXIII. 1981. p. 138.
  17. Acta Apostolicae Sedis (PDF). LXXI. 1979. p. 966.
  18. 1 2 Acta Apostolicae Sedis (PDF). LXXVI. 1984. p. 507.
  19. 1 2 Acta Apostolicae Sedis (PDF). LXXXII. 1990. p. 120.
  20. 1 2 Acta Apostolicae Sedis (PDF). LXXXVII. 1995. p. 732.
  21. 1 2 Acta Apostolicae Sedis (PDF). XL. 1998. p. 1047.
  22. Acta Apostolicae Sedis (PDF). XL. 1998. p. 246.
  23. 1 2 "Rinunce e Nomine, 01.10.2002" (Press release) (in Italian). Holy See Press Office. 1 October 2002. Retrieved 29 September 2020.
  24. 1 2 "Rinunce e Nomine, 07.07.2011" (Press release) (in Italian). Holy See Press Office. 7 July 2011. Retrieved 29 September 2020.
  25. 1 2 "Resignations and Appointments, 26.06.2018" (Press release). Holy See Press Office. 26 June 2018. Retrieved 29 September 2020.
Additional sources
Further reading