Editing Roman Curia (section)

== Economic organizations ==

=== Council for the Economy ===
{{main|Council for the Economy}}
The Council for the Economy has the task of supervising the structures and the administrative and financial activities of the curial institutions and of the offices and institutions connected with the Holy See or which refer to it, indicated in the list attached to its Statute. The Council for Economic Affairs shall exercise its functions in the light of the Church's social doctrine and in accordance with internationally recognized best practices in public administration, with a view to ethical and efficient administrative and financial management. The council consists of eight cardinals or bishops, representing the universality of the Church, and seven lay persons, chosen from among experts of various nationalities. The fifteen members are appointed for five years by the Roman Pontiff.

The Council submits for the approval of the Roman Pontiff guidelines and norms aimed at ensuring that:

# the assets of the bodies and administrations subject to its supervision are protected;
# capital and [[financial risk]]s are reduced;
# human, material and financial resources are allocated rationally and managed prudently, efficiently and transparently; and
# bodies and administrations carry out their duties efficiently, in accordance with the activities, programs and budgets approved for them.

The Council examines the proposals put forward by the Secretariat for the Economy, as well as any suggestions presented by the various Administrations of the Holy See, the Authority for Supervisionand Financial Information and other entities indicated in its own Statutes.

The current Coordinator is [[Reinhard Marx|Reinhard Cardinal Marx]].

=== Secretariat for the Economy ===
{{main|Secretariat for the Economy}}
The Secretariat for the Economy performs the function of Papal Secretariat for economic and financial matters. It exercises control and vigilance in administrative, economic and financial matters over curial institutions, offices and institutions connected with the Holy See or which refer to it, as indicated in the list attached to the Statute of the Council for the Economy. It also exercises special control over Peter's Pence and over the other Papal Funds.

The Body is divided into two functional areas: one for regulation, control and supervision in economic and financial matters, and the other for regulation, control and supervision in administrative matters. The Secretariat for the Economy:

# issues guidelines on economic and financial matters for the Holy See and checks that the activities are carried out in accordance with the operational plans and programs approved;
# monitors the administrative, economic and financial activities of the institutions entrusted to its control and supervision; proposes and ensures corrective action if necessary;
# prepares the annual budget, checking that it is adhered to, and the final consolidated budget of the Holy See and submits them to the Council for the Economy; and
# carries out the annual risk assessment of the patrimonial and financial situation of the Holy See and submits it to the Council for the Economy.

The current prefect is Mister Maximino Caballero Ledo.

==== Directorate for Human Resources of the Holy See ====
The Directorate for Human Resources of the Holy See is established in the Secretariat for the Economy. This office, in dialogue and cooperation with the Institutions concerned, deals with all matters concerning the position and working management of personnel and collaborators of the Institutions subject to the legislation of the Holy See. Among other responsibilities, through this Directorate, the Secretariat for Economic Affairs authorizes hiring, verifying all requirements, and approves the establishment plans of the Entities. The president of the Directorate is the ''ex officio'' prefect of the secretariat.

=== Administration of the Patrimony of the Apostolic See ===
{{main|Administration of the Patrimony of the Apostolic See}}

The Administration of the Patrimony of the Apostolic See<ref>{{cite web |title=Administration of the Patrimony of the Apostolic See (A.P.S.A.) – Index |url=https://www.vatican.va/roman_curia/uffici/apsa/index_en.htm |access-date=26 July 2013 |publisher=Vatican.va}}</ref> deals with the "properties owned by the Holy See in order to provide the funds necessary for the Roman Curia to function".<ref>''[[Pastor bonus]]'', 172</ref> It was established by [[Pope Paul VI]] on 15 August 1967.

It is responsible for the administration and management of the real and movable patrimony of the Holy See, intended to provide the resources necessary for the fulfillment of the function proper to the Roman Curia for the good and at the service of the particular churches. The Holy See is responsible for administering the real and movable patrimony of those entities that have entrusted their assets to the Holy See, in accordance with the specific purpose for which the patrimony has been constituted and with the general policies and guidelines approved by the competent bodies. It also provides whatever is necessary for the ordinary activity of the Roman Curia, taking care of the treasury, accounting, purchases and other services. The internal organization of the Body is divided into three functional areas, which deal with property management, financial affairs and services. The current president is [[Nunzio Galantino|Bishop Nunzio Galantino]].

=== Office of the Auditor General ===
The Office of the Auditor General is entrusted with the task of auditing the consolidated financial statements of the Holy See. The Office shall have the task, according to the annual audit program approved by the Council for the Economy, of auditing the annual financial statements of the individual curial institutions and of the Offices and Institutions connected with the Holy See or which refer to it, which shall be included in the above-mentioned consolidated financial statements.

At the request of the Council for the Economy, or of the Secretariat for the Economy, or of the Heads of the Entities and Administrations, it shall conduct audits on particular situations related to:

# anomalies in the use or allocation of financial or material resources;
# irregularities in the granting of contracts or in the conduct of transactions or disposals; and
# acts of corruption or fraud.

The same audits may be initiated autonomously by the Auditor General, who shall inform the Cardinal Coordinator of the Council for the Economy in advance, stating the reasons for the audit. The current Auditor-General is Dr. Alessandro Cassinis Righini.

=== Commission for Confidential Matters ===
The Commission for Confidential Matters is responsible to:

# authorize any act of a juridical, economic, or financial nature which, for the greater good of the Church or persons, must be covered by secrecy and removed from the control and supervision of the competent bodies.
# monitor and oversee Holy See contracts that require confidentiality under the law.

The commission, according to its own statute, is composed of several Members appointed for five years by the Roman Pontiff. The current president is [[Kevin Farrell|Kevin Joseph Cardinal Farrell]].

=== Committee for Investments ===
The Investment Committee, a consultative body, is responsible for ensuring the ethical nature of the Holy See's investments in movable assets according to the Church's social doctrine and, at the same time, their profitability, adequacy and risk. The committee is composed, according to its own statute, of members and of high-profile professionals appointed for five years by the Roman Pontiff. The current president is [[Kevin Farrell|Kevin Joseph Cardinal Farrell]].