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ROME — In one of his last official acts, Pope Benedict XVI on Friday named Ernst von Freyberg, a German aristocrat and industrialist, as the new head of the Vatican Bank, reducing the Italian presence in a secretive institution that has struggled to restore its credibility and meet international transparency norms.
The Vatican spokesman, the Rev. Federico Lombardi, held daily news briefings last week to deny press reports, including Ms. Sarzanini's as well as several that reported a meeting between Cardinal Bertone and an Italian industrialist to discuss the Vatican's buying an Italian bank so that it could meet international transparency norms without changing the secretive Vatican bank.
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In early 2011, Bertone applied for the Vatican to join Moneyval, an oversight agency set up by the Council of Europe to standardize banking-transparency norms among European countries, which included on-site visits.
Before endless sharing and complete transparency became the norm, it was understood that privacy was a kind of sanctuary, a refuge from the selves we presented to the world.
What's more, if binary transparency becomes the norm, than any company that doesn't implement it will become the go-to target of opportunity for spies – they will be under huge pressure to match their competition.
I can't imagine swathes of fashionistas storming Topshop like its the Bastille and toppling Philip Green, but it will take a combination of radical thought, creative and directional design and a lot of consumer pressure to push governments towards legislation that makes transparency the business norm.
"Corporate transparency is the norm and we should embrace it rather than change course when difficult questions are asked".
They will thus continue on in a regional market where low standards, fat fees and poor transparency are the norm.
But lack of transparency is the norm.
Over a career spent scheming in the back rooms of Japanese politics, he has made and broken alliances, toppled governments and, with laconic disdain, treated transparency and other democratic norms as so many Western pretences.
Martone believes that as digital technologies continue to mature and as norms for transparency in science strengthen, the benefits of electronic notebooks will eventually outweigh the practical barriers.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com