28 June 2024

Summary: Monaco has been placed on the gray list by the GAFI, but is making progress in implementing measures to combat terrorism financing and improve financial supervision. Full Story: Monaco has been placed on the gray list by the Financial Action Task Force (FATF), according to an official statement from the government of the Principality. […]

Summary: The Principality of Monaco has been included in the gray list by the GAFI. Full Story: The Principality of Monaco has been placed under surveillance by the Financial Action Task Force (FATF), according to recent reports. This decision has raised concerns about the nation’s compliance with international anti-money laundering and counter-terrorist financing standards. The

Summary: Boulevard des Moulins will undergo road repairs from July 1 to September 6, 2024, with minimal traffic disruption. Full Story: The Urban Planning Department has announced that Boulevard des Moulins in Monaco will undergo road repairs from July 1 to September 6, 2024. The repairs will be carried out in multiple phases to minimize

Summary: Hellenic Initiative raises 124,000 euros in charity dinner with Nick Galis at Stelios Foundation Conference Hall in Monaco. Full Story: The Hellenic Initiative (THI) recently hosted its second Annual Charity Gala in Monaco, raising over 124,000 euros. The funds raised will go towards supporting the Summer Youth Academy. The event took place at the

Summary: A minor intentionally set fire to the toilets at the Monaco train station, causing smoke inhalation for three people, but no serious injuries were reported. Full Story: An investigation has revealed that a minor set fire to the toilets at Monaco’s SNCF train station. The fire broke out shortly before 11:45am, resulting in smoke

Summary: Edmund Shing, an economist from BNP Paribas Wealth Management, predicts a recession in the United States in 2025 and advises investing in bonds, stocks, and commodities like copper and water. Full Story: Monaco Economic Board (MEB) recently hosted economist Edmund Shing at its Monaco Economic Conferences. Shing, the Director of Global Investment at BNP

Summary: Monaco has been placed on the “grey list” by the Financial Action Task Force (FATF) but has made significant progress in strengthening its anti-money laundering and counter-terrorism financing regime according to a statement from the FATF. Monaco has committed to implementing the recommendations and has set a timeline for its removal from the list.

Summary: Monaco has been officially added to the ‘grey list’ of countries subject to increased monitoring for money laundering by the Financial Action Task Force. Full Story: Monaco has recently been added to the “grey list” of countries subject to increased monitoring by the Financial Action Task Force (FATF), the global anti-money laundering watchdog. This

Summary: Monaco government is committed to leaving the FATF grey list according to a strict timetable, after significant progress was made since Moneyval’s recommendations. Full Story: The Prince’s Government of Monaco has expressed its commitment to leaving the Financial Action Task Force (FATF) grey list. This decision was made during the recent plenary meeting in

Summary: The FBI and the Monaco Public Safety Department have signed an agreement for formal cooperation and the exchange of information on security between the two countries. Full Story: The government of the United States of America and the Monaco Public Security Directorate signed a protocol agreement on June 17. The agreement, witnessed by Patrice