Summary:
Monaco’s justice system faces a resource shortage as it aims to comply with FATF standards and stay off the grey list.
Full Story:
Monaco’s justice system is facing a resource shortage as it strives to comply with the Financial Action Task Force (FATF) requirements. The National Council of Monaco recently discussed the issue and highlighted the need for additional resources to meet international standards and avoid being placed on the FATF’s grey list. The importance of having an effective justice system was emphasized during the discussion. It is crucial for Monaco to allocate the necessary resources to ensure compliance with FATF regulations and maintain its reputation as a financial center. By addressing this resource shortage, Monaco can continue to uphold the highest standards in its justice system.
Source:
news.mc
