15 ° C
Profile

Day: 28 July 2021

MYS to feature new design and innovation hub

by: Staff Writer
28/07/2021

This September at the 2021 Monaco Yacht Show, visitors will discover a brand-new exhibition area dedicated to design and innovative solutions in superyachting: the Yacht Design and Innovation Hub.
Future charterers and yacht owners will meet a selection of designers who will present their works and their creative talents in designing a superyacht from a blank sheet.
​​​​​​​Located on virage Louis Chiron in Port Hercule, inside the new show’s Dockside area (superyacht and tender exhibition), the Yacht Design and Innovation Hub will complete the show’s historical Designer Gallery on Quai des Etats-Unis where visitors are used to directly meeting up with the designers and naval architects on their booths.
With the Yacht Design and Innovation Hub, the MYS organisers aim to enhance the first-time superyacht experience of the new generation of customers who plan to build their future yacht.
Visitors to the show will then meet up with top-notch yacht designers to start discussing their next yacht project or receive the experts’ insights on the current and future trends in superyachting.
During the show’s four days, designers will hold 15-minute talks about design in yachting and also about their experience or projects. Access will be free to all visitors depending on room capacity and sanitary measures, no registration required.
The Yacht Design and Innovation Hub is part of the new programme developed by the MYS Organisers to offer a bespoke experience of unparalleled prestige to future superyacht charterers and owners in visit to the Monaco Yacht Show.
 
 
Monaco Life with press release
 
 

Take a break from cars on “Cycling Sunday”

by: Stephanie Horsman
28/07/2021

“Cycling Sunday”, the one-day event that has proved so successful in previous years, has returned to Monaco, encouraging people to get out of their cars and onto their bicycles.

As part of the government’s efforts to promote alternative modes of transportation to cars and other polluting vehicles, they created the ‘Cycling Sunday’ event, which this year will be taking place on 8th August.

From 3pm to 8pm, the latest edition will take place on the lower part of the Grand Prix circuit. To that end, Blvd. Albert Ier, Avenue JF Kennedy and Route de la Piscine will be closed to all but non-motorised traffic.

The Department of Public Safety and the Monegasque Road Prevention Association will be on hand to help educate and raise awareness, including how to be safe and sane on the roads.

Workshops for kids learning how to ride a bike and information on how to properly share the road with other vehicles will be demonstrated by the Monaco Cyclist Union as well, and Monabike will make their bicycles available for free all afternoon. Additionally, bikes and electric scooters will be on site from local merchants for people to try out.

To round out the programme, there will be live entertainment on the Route de la Piscine opposite the Brasserie de Monaco.

To ensure everyone’s safety, helmet-wearing is recommended and for those under 18 years of age is compulsory.

 
 
 

“Sharp deterioration” in PACA’s health situation  

by: Stephanie Horsman
28/07/2021

One in five Covid hospital patients are now aged under 49, the Regional Health Agency for the PACA region has announced, noting a steep rise in younger intensive care patients.
The Provence-Alpes-Côte d’Azur (PACA) region has seen a giant leap in coronavirus cases over the last weeks, primarily in the Var and the Alpes-Maritimes, spurring the Regional Health Agency (ARS) to warn that hospitals are quickly becoming overwhelmed as the demand for beds rises, especially in intensive care.
The sector of society who has seen the most dramatic jump in intensive care stays is the under-49s, who now account for one in five patients admitted.
“To date, one in five people who entered intensive care for Covid in July is between 20 and 49 years old,” says the Health Authority. “This increase is worrying given the summer context: strong tourist influx increasing the demand for care and reduction in nursing human resources due to leave.”
In just 10 days, the incidence rate has multiplied by six in the Alpes-Maritimes. Whilst figures stood below 25 cases per 100,000 per week at the start of July, today they sit close to a frightening 600. To put this is in other terms, the area has gone from detecting roughly 40 new cases a day to nearly 1,000.
With nine out of 10 cases now classified as the highly contagious Delta variant, the Prefecture has reinstated some precautions, such as mandatory mask-wearing outdoors.
The coastal areas have borne the brunt of the cases, not a huge surprise given they are where the highest concentration of tourists are in summer. Between Théoule-sur-Mer and Nice, only one town, Cagnes-sur-Mer, has an incidence rate under 500 and when stretching to the Monaco borders, only Beaulieu and Roquebrune-Cap-Martin are below 250.
 
 
Photo of Jim Thirion on Unsplash
 
 

“We have reputations to uphold”

by: Stephanie Horsman
28/07/2021

Monaco and Luxembourg have signed a cooperation agreement that will strengthen efforts in the fight against money laundering and terrorism financing.
On Friday 23rd July, Michel Hunnault, Director of the Information and Control Service on Financial Circuits (SICCFIN), and his Luxembourg counterpart Claude Marx, Director of the Commission de Surveillance du Secteur Financier (CSSF), ratified the agreement.
“The European Union has just decided to create a centre dedicated to the fight against money laundering and the financing of terrorism,” explained Mr Hunnault. “Because there are flaws, inadequacies and we realise that the harmonisation of legislation is not everything, cooperation between us is essential.”
Whilst cooperation is one part of the mix. Luxembourg’s Mr Marx added that other factors came into play when deciding to band together.
“We have a lot of interest in working together. Our financial centres are very similar. Our two countries have a strong international outlook. We also have a reputation to uphold,” he said.
Also at the meeting were Robert Gelli, Secretary of State for Justice and Director of Judicial Services, Louis Danty, Head of the SICCFIN Supervision Pole, Éric Bergesi, Head of the Investigation pole, and Jean-Marc Gualandi, Head of the Legal, Administrative and International Affairs Department.
For Mr Gelli’s part, who looks at such situations from a legal standpoint, he said, “I am delighted to see that we can further strengthen our ties with an important financial centre such as Luxembourg. Beyond the exchange of ad hoc information on cases, the important thing is to set up regular contacts to take stock of legislative problems, procedures, operating methods.”
Monaco has been proactive in its stance against money-launderers and terrorists and even enacted a law in December 2020 to give the Principality’s legislative body more power to fight against them.
The law, called Law No. 1.503, was created to seamlessly meld the provisions of the European Union laws with Monaco’s and has very specific criteria. It has allowed for more accessibility to look at trusts, has created a register of payment accounts, bank accounts and safe-deposit boxes, kept by SICCFIN on the basis of declarations made by financial institutions and has given details of the enhanced vigilance measures to be implemented with regard to business relationships or operations involving high-risk third countries.