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Administration of the Patrimony of the Apostolic See
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Administration of the Patrimony of the Apostolic See : ウィキペディア英語版
Administration of the Patrimony of the Apostolic See

The Administration of the Patrimony of the Apostolic See ((イタリア語:Amministrazione del Patrimonio della Sede Apostolica), abbreviated APSA) is the office of the Roman Curia that deals with the "provisions owned by the Holy See in order to provide the funds necessary for the Roman Curia to function" (''Pastor Bonus'', 172 as revised by Motu proprio on 8 July 2014). It was established by Pope Paul VI on 15 August 1967. The Ordinary Section, one of APSA's formerly two sections, was transferred to the Secretariat for the Economy by Motu proprio of Pope Francis on 8 July 2014.〔(Motu proprio of 8 July 2014 )).〕 In its reduced form, APSA acts as the Treasury and central bank of Vatican City and the Holy See.
== Assets ==
The assets entrusted to the Administration (previously in the care of what was its Extraordinary Section) were initially 750 million Italian lire (at that time equivalent to 8,152,000 pounds sterling) in cash and 1000 million Italian lire (at that time equivalent to 10,869,000 pounds sterling) in Italian State bonds, an amount less than Italy would have paid under the Law of Guarantees of 1871, if the Holy See had accepted this.〔(The Times, 12 February 1929, "End of Roman Question" ).〕
According to an article by David Leigh in the ''Guardian'' newspaper, a 2012 report from the Council of Europe identified the value of a section of the Vatican's property assets as an amount in excess of €680m (£570m); as of January 2013, a papal official in Rome named Paolo Mennini manages this portion of the Holy See's assets—consisting of British investments, other European holdings and a currency trading arm. The ''Guardian'' newspaper described Mennini and his role in the following manner: "... Paolo Mennini, who is in effect the pope's merchant banker. Mennini heads a special unit inside the Vatican called the extraordinary division of APSA – ''Amministrazione del Patrimonio della Sede Apostolica'' – which handles the so-called "patrimony of the Holy See"."

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