The Pope has recalled all assets from outside banks to the Vatican Bank

I did a quick search and didn't see that this has been discussed here. Pope Francis has set a deadline of Sept 30/ Oct 1 for all assets held in other banks / institutions across the world to be recalled to the Vatican. All assets will now be managed by the Institute for Works of Religion (IOR)-- also known as the Vatican Bank.

ABC - Pope Imposes Deadline
Catholic News Agency Article
Reuters - Vatican Closing Foreign Investments

The Reuters article is from July 19, and discusses new investment policies for the Vatican (avoiding investments with fossil fuels, weapons, etc.) and mentions an exclusive interview with the Pope regarding finances, and how corruption and other issues have led to new financial policy. This very clearly appears to be the setup and reasonging that led to the Sept 30 deadline the Pope issued a month later-- as discussed in the ABC & CNA articles dated Aug 23.

The ostensible reason of tighter, more responsible management and the Vatican aligning to ESG goals would be neither surprising nor out of line with what I would expect from the Vatican given the state of politics. So, there may be nothing more to this story... But, it is worth mentioning I first ran across this topic a couple days ago on youtube, in a conspiratorially minded video saying to get ready for bank crashes (implying the Vatican knows this so are pulling out of all banks to remove the possibility of their funds being trapped with the rest of us).

On Sunday night, my wife and I had dinner with another couple and I brought this up. (They are borderline RINO/TDS sorts, but the guy used to be a well known name in NYC finance and the wife is in compliance at a large bank so I was curious to hear their opinion on the Vatican recalling all assets.) They did acknowledge this was interesting / curious news, but in their experience, that this is more the type of action an institution might make if they expected an internal scandal to break out soon.

So, at this point, the possibilities appear to be:

1) Take the Vatican at their word that this sudden one month deadline to recall all outside assets from outside institutions is just new policy due to previous scandals and a new vision moving forward. It's possible, I guess.

2) They anticipate a new scandal and don't want outside assets exposed / out of their immediate control. I have a hard time imagining the nature of a scandal making this move so important now.

3) They have inside info on upcoming bad news:

a) October crash of markets. I did see one youtube video suggesting many of the largest stock market crashes happen in October (including the Bank Panic of 1907, the great crash in 1929 and Black Monday in 1987. A brief look suggests as many or more crashes happen in Sept as Oct, but either way, we're at the time of year when a lot of crashes happen. This makes sense since a lot of companies close out their financial year at the end of September... making Sept/Oct a financial news heavy period.

b) Planned event beyond a simple crash with implications for Nov. elections. Either a stock crash or some planned event is expected to extend to a bank run or similar that leads to civil unrest in October... leading up to the election (which will make shenanigans more probable).

My gut leans towards the conspiratorial, but in fairness, I also outlined what appears to be the Vatican's stated purpose as well as what some RINO/liberal finance people think. Any thoughts, insights or other sources to consider when evaluating this story would be appreciated.