Résumé:
The Principality of Monaco is taking action after being placed on the gray list by the Financial Action Task Force (GAFI).
Histoire complète :
Following Monaco’s recent inclusion in the grey list of the Financial Action Task Force (FATF), the President of the National Council, Thomas MOTTARD, has mobilized efforts to address this issue. The Prince of Monaco, Albert II, has also expressed his commitment to resolving any concerns related to money laundering and terrorist financing. The Monaco government is actively involved in working with various economic actors and institutions from the principality to enhance transparency and strengthen its anti-money laundering measures. The aim is to ensure that Monaco meets international standards and regulations concerning financial integrity. Monaco’s inclusion in the FATF grey list serves as an opportunity for the principality to demonstrate its dedication to combating illicit financial activities and maintaining a secure financial system. The government’s cooperation with businesses and organizations reflects a collective effort to address the concerns raised by the FATF and safeguard Monaco’s reputation as a reputable financial center.
Source:
Revue QE
