BUSINESS

Summary: Banque Havilland Group has entered into exclusive negotiations for the sale of its shares in Banque Havilland (Monaco) SAM to a consortium of investors led by Martin Gilbert. Full Story: Banque Havilland Group has announced that it is in exclusive negotiations for the sale of its shares in Banque Havilland (Monaco) SAM. The sale […]

Summary: Monaco Economic Board organized the 50th “Rendez-vous des Adhérents” event, bringing together over 400 executives, entrepreneurs, and personalities for an evening of one-to-one meetings and networking opportunities. Full Story: The Monaco Economic Board (MEB) recently organized the 50th “Rendez-vous des Adhérents” event at the YCM. Over 400 executives, entrepreneurs, and personalities gathered for an

Summary: SBM announces record revenue of €704 million and lays out ambitious plans for 2024/25. Full Story: Monte-Carlo Société des Bains de Mer (SBM) recently announced its record-breaking revenue of €704 million for the fiscal year, marking the first time its revenue has exceeded €700 million. Stéphane Valeri, the President of SBM, highlighted the company’s

Summary: Drink brand ‘Daghue’ has been launched by Arthur Leclerc, a Ferrari development driver, in partnership with the Monégasque drinks brand. Full Story: Monaco’s very own Arthur Leclerc, a Ferrari development driver and current GT3 driver, has partnered with the Monégasque drinks brand ‘Daghue’. Leclerc shared that he was inspired to join the brand because

Summary: New ambassadors are welcomed to Monaco by the Minister of Foreign Affairs and Cooperation. Full Story: Monaco recently welcomed newly accredited ambassadors at a luncheon hosted by Isabelle Berro-Amadei, Minister of Foreign Affairs and Cooperation for Monaco. The event took place at the Hôtel Hermitage on September 18 and honored four distinguished diplomats: H.E.

Summary: Three people have been charged in Monaco for a large-scale fraud involving the registration of luxury vehicles with fake license plates. Full Story: Three individuals have been charged in Monaco in connection with a large-scale fraud involving luxury vehicle registrations. The Monaco public prosecutor’s office has placed two of the suspects in provisional detention,

Summary: Monaco’s placement on the grey list has concrete implications for compliance officers in the principality, according to Emmanuel Montigaud, the President of the Association monégasque des compliance officers. Full Story: Monaco’s placement on the gray list by the Organization for Economic Cooperation and Development (OECD) has raised concerns among compliance officers in the principality.

Summary: The 15th Annual Monaco Private Label Summit focused on innovation and attracting new residents, featuring renowned personalities like artist Jeff Koons and Formula 1 champion Fernando Alonso. Full Story: The 15th edition of the Monaco Private Label Summit (MPL) took place from September 15th to 17th. The event was attended by Prince Albert II,

Summary: The 15th Monaco Private Label Summit discussed the topics of sustainable development, the impact of AI on investments, and advancements in longevity. Full Story: The 15th Monaco Private Label Summit, held in Monaco, focused on sustainable development, the impact of Artificial Intelligence on investments, and advancements in longevity. The roundtable discussion on longevity brought

Summary: A family from Italy was arrested at the Monte-Carlo Casino for attempting to convert a large amount of cash using suspicious methods. Full Story: A family from Cuneo, Italy, was arrested at the Monte-Carlo Casino in Monaco on August 29 for suspected involvement in a cash conversion scheme. The father, along with his son