Overview

• Signed on September 29 and published October 6, the decree rescinds a 2022 rescript that had granted the Institute for the Works of Religion sole control over Vatican investments.
• APSA regains authority to conduct investments, generally using IOR structures but with the option to employ external intermediaries when deemed more efficient by the competent bodies.
• León XIV cites unanimous recommendations from the Council for the Economy and input from outside experts as the basis for the change.
• The policy shift is presented as a managerial recalibration to improve coordination, align governance with Praedicate Evangelium, and reduce dysfunction in financial operations.
• The move coincides with outreach to key benefactors such as the Knights of Columbus and follows personnel shifts, including the reported reassignment of Monsignor Roberto Campisi to UNESCO.