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Holy See Press Office communiqué on the IOR, 25.05.2016

Vatican City, 25 May 2016 – The Holy See Press Office today issued a communiqué to announce that with the recent approval and publication of the Annual Report of the Istituto per le Opere di Religione (IOR) having been completed in a positive manner, two members of the Board of Superintendence, Clemens Börsig and Carlo Salvatori, in accordance with current rules, recently presented their resignations to the President of the Cardinals' Commission of the IOR. The communiqué states that "the decision can be seen in the light of legitimate reflections and opinions concerning the management of an Institute whose nature and purpose are as particular as those of the IOR."

The two board members made a competent and qualified contribution in this important phase for the stability and integrity of the Institute, and its conformity not only to internal Vatican regulations, but also obligations taken by the Holy See at European level.

The President of the Cardinals' Commission thanked the two members of the board, and accepted the resignations. A phase now begins, fully respecting the procedures in place, to find and evaluate new candidates suitable to fill the positions on the Board of Superintendence.