BUSINESS

Summary: Monaco’s financial watchdog reprimands Julius Baer for lacking internal controls over client transactions. Full Story: Monaco’s financial regulatory body, the Commission de Controle des Activites Financieres, has reprimanded the local branch of Swiss bank Julius Baer Group Ltd. for its inadequate internal controls regarding 160 million euros in client transactions. The Commission discovered that […]

Summary: Banque Havilland Monaco has entered into exclusive negotiations with a prominent private bank in Monaco for the acquisition of its shares to ensure the continuity of its banking services. Full Story: Banque Havilland SAM, the branch of Banque Havilland in Monaco, has announced that its parent company is in exclusive negotiations with a prominent

Summary: A call for applications has been announced by the Monaco City Hall for a market stall at La Condamine that is available for immediate occupancy and is intended for the sale of fruits, vegetables, and fresh produce. Full Story: The Monaco City Hall is inviting applications for Stall No. 11 at La Condamine Market’s

Summary: New legal provisions have been introduced for non-commercial civil companies in Monaco. Full Story: Monaco has implemented new legal provisions for non-commercial civil societies registered in the Principality. These changes aim to enhance the legal framework governing these entities. The specific details of the new provisions were not provided in the article. Source: QE

Summary: The municipality of Monaco has launched a call for applications to determine the new store that will replace Habitat, ruling out any restaurant activity. Full Story: The city of Monaco is currently seeking a new tenant to replace the recently closed Habitat store on Avenue Saint-Charles. The municipality has issued a call for applications

Summary: Monaco Town Hall is looking for a new tenant to operate prime commercial space previously occupied by the Habitat brand. Full Story: The Monaco Town Hall is currently seeking a new tenant to occupy the commercial premises previously occupied by the Habitat brand. Located on the second level of the Espace Saint-Charles at 7

Summary: Monaco now requires civil companies registered in the Special Register of Civil Companies to submit an annual declaration confirming their activity and verifying their registration details. Full Story: All civil companies registered in Monaco’s Special Register of Civil Companies are now required to submit an annual declaration confirming their continued activity. The declaration is

Summary: Hotel and casino operator Société de bains de mer (SBM) in Monaco is recovering well after Covid and prioritizes tradition and workforce well-being. Full Story: Hotel and casino operator Société de Bains de Mer (SBM) is focused on upholding tradition and prioritizing its workforce. Despite being a part of a competitive industry, SBM has

Summary: A new model of “priority for disabled persons” card has been announced in Monaco, designed to facilitate the daily lives and transportation of disabled individuals, providing them with priority access to seating in public transportation, waiting areas, and public establishments and events. Full Story: The Monaco government has announced the availability of a new

Summary: A former saleswoman challenges her dismissal after a robbery at Monaco Watch Company. Full Story: A former saleswoman at Monaco Watch Company is contesting her dismissal following a high-profile robbery at the store. The robbery resulted in the theft of approximately four million euros worth of luxury watches. The saleswoman, Larissa, was initially classified