klik The Archbishop of Sydney has ordered a complete review of the archdiocese's professional standards and safeguarding policies after a royal commission heard further shocking accounts of sexual abuse at the hands of clergy.
Speaking of the shame and disillusionment felt by clergy and faithful after sex abuse accounts and allegations, Archbishop Anthony Fisher says he is determined to ensure it never happens again in the church.
"We may feel disillusioned, contaminated, ashamed," he said in a letter to Sydney Catholics on Monday.
"I am determined that we will do all we can to ensure such things never happen again in our church; that those entrusted with the care of the young and vulnerable `care for the lambs' and keep them safe; and that those already harmed are brought justice and compassion."
He said he would soon make announcements about further improvements to the Sydney Archdiocese professional standards and safeguarding practices, and he wanted the "best contemporary testing and discernment" for seminarians, as well as improved protocols and responses to allegations and the needs of survivors.
He goes on to warn there will be more to "lament and more humiliation and purification ahead for the Church".
The Royal Commission into Institutional Responses to Child Sexual Abuse is currently conducting hearings into abuse committed by clergy in Ballarat.
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"Dear friends, may this celebration, in the presence of the Successor of Peter, be a moment of rededication and renewal for the whole Church in Australia.
"Here I would like to pause to acknowledge the shame which we have all felt as a result of the sexual abuse of minors by some clergy and religious in this country.
"Indeed, I am deeply sorry for the pain and suffering the victims have endured and I assure them that as their pastor I too share in their suffering.
"These misdeeds, which constitute so grave a betrayal of trust, deserve unequivocal condemnation.
"They have caused great pain and have damaged the Church's witness.
"I ask all of you to support and assist your bishops, and to work together with them in combating this evil.
"Victims should receive compassion and care, and those responsible for these evils must be brought to justice.
"It is an urgent priority to promote a safer and more wholesome environment, especially for young people.
"In these days marked by the celebration of World Youth Day, we are reminded of how precious a treasure has been entrusted to us in our young people, and how great a part of the Church's mission in this country has been dedicated to their education and care.
"As the Church in Australia continues, in the spirit of the Gospel, to address effectively this serious pastoral challenge, I join you in praying that this time of purification will bring about healing, reconciliation and ever greater fidelity to the moral demands of the Gospel."
-Reuters
(Vatican Radio) The IOR, the Institute for Works of Religion, released its Annual Report for 2014 on Monday, showing a net profit of 69.3 million Euros, a substantial increase from the 2.9 million reported in 2013.
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(Vatican Radio) The IOR, the Institute for Works of Religion, released its Annual Report for 2014 on Monday, showing a net profit of 69.3 million Euros, a substantial increase from the 2.9 million reported in 2013.
Vatican Bank’s Profit Soars
VATICAN CITY
Wall Street Journal
By FRANCIS X. ROCCA
May 25, 2015
ROME—The Vatican bank said its 2014 net profit skyrocketed to €69.3 million ($77 million) from €2.9 million a year earlier, owing largely to a steep rise in net trading income and a decline in extraordinary operating expenses. The increase also reflected an exceptionally low net profit for 2013, largely from write-downs on legacy investments.
In its third annual report, released Monday, the Vatican bank, officially known as the Institute for the Works of Religion, or IOR, also described its efforts to bolster compliance with international financial norms, as part of a continuing effort to repair its scandal-plagued reputation.
The 2014 profit will allow the bank to turn over €55 million to the Holy See, for charitable purposes at the discretion of the pope, an amount in line with previous years. Last year, the bank drew from its reserves to give the Holy See €54 million.
The bank has been reviewing accounts to ensure compliance with anti-money-laundering regulations and to make sure all its clients belong to one of four categories consistent with its mission to serve “works of religion”: Catholic institutions; individual clergy and members of religious orders; Vatican employees and pensioners; and foreign diplomats accredited to the Holy See.
Wall Street Journal
By FRANCIS X. ROCCA
May 25, 2015
ROME—The Vatican bank said its 2014 net profit skyrocketed to €69.3 million ($77 million) from €2.9 million a year earlier, owing largely to a steep rise in net trading income and a decline in extraordinary operating expenses. The increase also reflected an exceptionally low net profit for 2013, largely from write-downs on legacy investments.
In its third annual report, released Monday, the Vatican bank, officially known as the Institute for the Works of Religion, or IOR, also described its efforts to bolster compliance with international financial norms, as part of a continuing effort to repair its scandal-plagued reputation.
The 2014 profit will allow the bank to turn over €55 million to the Holy See, for charitable purposes at the discretion of the pope, an amount in line with previous years. Last year, the bank drew from its reserves to give the Holy See €54 million.
The bank has been reviewing accounts to ensure compliance with anti-money-laundering regulations and to make sure all its clients belong to one of four categories consistent with its mission to serve “works of religion”: Catholic institutions; individual clergy and members of religious orders; Vatican employees and pensioners; and foreign diplomats accredited to the Holy See.
Jane Lee
Legal Affairs Reporter for The Age
Legal Affairs Reporter for The Age
25-5-2015
Lawyers for the Catholic Church insist they will not challenge survivors' claims Cardinal George Pell tried to bribe one and ignored another's abuse reports, even though they themselves are willing to be cross-examined.
The Royal Commission into Institutional Responses to Child Sexual Abuse is expected to make findings on the claims, and to ask for a full response from Cardinal Pell, who now manages the Vatican's finances in Rome.
Lawyers for David Ridsdale and Timothy Green – Dr Martine Marich and Dr Kristine Hanscombe – told the commission on Monday that their clients were both willing to be recalled to give more evidence about their claims from last week, and to be cross-examined if required.
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