Pope Leo walks back Francis’ reforms for Vatican finances

Niwa Limbu, Catholic Herald

Wednesday, October 8, 2025

Pope Leo XIV has issued a motu proprio entitled Coniuncta Cura, which introduces new regulations governing the financial investment activities of the Holy See. The new document from Pope Leo brings together a series of reforms that began under Francis with Praedicate Evangelium, the 2022 Apostolic Constitution that restructured the Roman Curia. In that constitution, Francis emphasized “co-responsibility in communion” as a guiding principle for Church governance. Coniuncta Cura establishes a new framework designed to consolidate oversight and ensure greater coherence between Vatican offices responsible for investment policy.