In 1972 it becomes corresponding Accademia dei Lincei.
In March 1979, it is blamed at the time of an investigation into the absence of vigilance on the institutes of credit, diligentée by the examining magistrate Antonio Alibrandi and the substitute of the public prosecutor of Rome Luciano Infelisi. The vice-director of the Bank of Italy, Mario Sarcinelli, is even accused. A wave of indignation falls down on the magistrature of Rome. Baffi and Sarcinelli receive innumerable demonstrations of support. Thereafter, it are both completely put out of cause by the instruction, but Baffi which escapes shame from the arrest because of its age, prefers to resign of its load of governor in September 1979. Before yielding its function, it suggests the name of its successor Carlo Azeglio Ciampi with the president of the Council Francesco Cossiga.
It receives the honorary title of governor and, until its death in August 1989, he is professor at the university Sapienza of Rome and vice-president of the Banque of the international payments (BIS).
The library of the Banque of Italy bears its name since 1990.
Homage of the former managing director Vincenzo Desario
Homage of the current governor Mario Draghi
Web site of the library of the Bank of Italy
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