The
Institute for the Works of Religion ( –
IOR), commonly known as the
Vatican Bank, is a
privately held institute situated exclusively on the
sovereign territory of the
Vatican City and run by a Board of Superintendence which reports to a Supervisory Commission of Cardinals and the
Pope. The
Bank Identifier Code of the Institute for the Works of Religion is IOPRVAVX. Since 9 July 2014, its president is Jean-Baptiste de Franssu. The IOR is regulated by the Vatican's financial supervisory body AIF (
Autorità di Informazione Finanziaria).