Résumé:
The Principality of Monaco has been included in the gray list by the GAFI.
Histoire complète :
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 move comes after Monaco was included in the FATF’s grey list, which identifies jurisdictions with strategic deficiencies in their anti-money laundering and counter-terrorist financing frameworks. The inclusion on the grey list signifies that Monaco needs to take immediate action to address these deficiencies. The FATF’s decision is significant as it could have implications for Monaco’s international reputation and its status as a leading financial center. The Principality of Monaco, under the leadership of Prince Albert II and his family, is widely known for its luxurious lifestyle and glamorous image. It remains to be seen how Monaco will respond to the FATF’s concerns and what steps it will take to ensure compliance with international standards.
Source:
Revue QE
