Judicial reform and road safety overhaul lead agenda at National Council public session

Monaco is moving to bolster its judicial system with a new “reserve force” of magistrates and introduce tighter road safety rules, following a National Council session that saw the Government and elected officials align on reforms tied to international obligations and domestic priorities.

At the heart of the meeting was Bill No. 1.109, a long-debated measure that will establish a judicial reserve corps – a first for the Principality – enabling experienced judges to be appointed on a temporary basis to ease pressure on Monaco’s justice system. The move directly addresses the demands of the Moneyval Committee, which urged Monaco to speed up the handling of complex financial crimes and money laundering cases.

While initially controversial, the Government and National Council reached a consensus by adding a 10-year limit on the use of the reserve mechanism, a clause that means no new magistrates can be appointed after a decade without new legislation. Those already in post, however, will be allowed to complete their mandates. The compromise was welcomed by the Minister of State, who praised the Council’s willingness to put “the general interest” first and maintain institutional balance.

“This solution preserves the constitutional responsibilities of the High Council of the Judiciary and of the Minister of State in the appointment of magistrates, while also giving full meaning to the constitutional prerogatives of the National Council,” said Minister of State Pierre Dartout.

Government Rejects Budget Law Over Rigidity Concerns

The session also took a sharp turn into the realm of public finance, where the National Council had tabled a proposed organic law (No. 270) aiming to give Monaco a more modern and transparent budgeting process. The plan included the creation of multi-year forecasts and tighter controls on overspending. However, the Government rejected the proposal, arguing that it risked imposing too much procedural rigidity on a system that needs to remain flexible.

“The proposal to require a new authorisation law for budget overruns, in addition to the existing rectifying budget, could risk slowing down and complicating the financial execution of public policies,” said Jean Castellini, Minister of Finance and the Economy. While noting the Government’s agreement with the principle of fiscal discipline, he added: “We share the desire for good budgetary governance, but we believe that the current legal tools are sufficient.”

New Road Safety Legislation Targets Modern Risks

Also discussed was Bill No. 1.107, a draft law to strengthen road safety in the Principality. While full details have not yet been made public, the initiative is expected to include new penalties and tools to modernise Monaco’s traffic legislation, aligning it more closely with European best practices. The move comes amid growing concern over road use and accident prevention in a densely populated urban setting.

“It is our shared duty to guarantee the safety of all road users, especially the most vulnerable,” said Government Counsellor-Minister of Equipment, Environment and Urban Planning Céline Caron-Dagioni, noting the urgency of updating outdated legal frameworks.

During the public session, the Government confirmed that other reforms, including updates related to the Principality’s anti-money laundering framework, remain in development.

The next legislative steps will likely be shaped by further consultations between Government departments and National Council commissions.

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Photo credit: Cassandra Tanti, Monaco Life

Beausoleil Mayoral race begins with first official candidate holding public rally

The race to become Beausoleil’s next mayor officially began this week, as Nicolas Spinelli — the first to declare his candidacy — held his inaugural public meeting at the Centre Culturel Prince Jacques on Thursday 7th November.

The March 2026 elections are beginning to take shape, with Spinelli joined by Jean-Jacques Guitard, who has announced his intention to run, and Stéphane Manfredi, the current opposition leader, who has confirmed the formation of a list, although his role as its head remains unconfirmed.

Speaking to attendees, Spinelli, who is running as an independent candidate, highlighted his desire for meaningful exchange rather than simply holding office. “I don’t want to be mayor, I want to be a good mayor,” he told the audience, stressing that the role requires preparation and genuine commitment to serving the community.

Afterwards, the candidate outlined serious concerns about the town’s direction, particularly regarding urban development policy.

The construction paradox

A central theme of Spinelli’s address was opposition to what he described as excessive construction. He pointed to a striking paradox: despite ongoing building projects, Beausoleil lost 1,200 residents between 2015 and 2022 – a 10% population decline.

“We’re right next to Monaco. Everyone wants to live here to walk to work in Monaco. We build housing every day. We’re attractive, we build, and we lose population,” Spinelli said, attributing this to expensive properties purchased by foreign investors and increasingly used for short-term rentals rather than permanent residences.

He cited figured showing secondary residences in Beausoleil nearly tripled from 1,254 in 2000 to 4,260 today.

Spinelli also criticised the October 2024 vote on the town’s Local Urban Plan, which he opposed and voted against, leading to his resignation from his delegated responsibilities and payments. He argued the plan accelerated construction contrary to electoral promises made in 2020 to limit building.

Should he be elected, Spinelli promised to modify the Local Urban Plan, halt construction in geologically sensitive areas, and require developers to fund community facilities such as sports halls or local shops as conditions for building permits. He pointed to the €20 million pavement widening project on Boulevard Guynemer, where Monaco is contributing €10 million, questioning why Beausoleil developers who had profited substantially weren’t required to contribute the remaining amount rather than taxpayers.

Spinelli addressing the public, photo credit: Monaco Life.

Policy priorities

Beyond urban planning, Spinelli highlighted additional priorities including a 24-hour municipal police coverage with additional officers, as well as improved public transport – drawing on his experience managing the service for the CAF from 2008-2014 when he says bus lines increased by 30%, and sustained year-round cleanliness efforts, rather than what he described as pre-election intensification.

He also proposed transforming the Devens sports complex into a major recreational facility and called for construction of an EHPAD (care home for the elderly) in Beausoleil.

On social policy, he plans to focus on prioritising children, elderly, and disabled people.

Spinelli and his team, photo by Monaco Life.

A plan of rigour

Regarding municipal governance, Spinelli proposed what he called a “plan of rigour” beginning with elected officials: a 20% salary reduction for the mayor, deputy mayors and municipal councillors, elimination of official cars, drivers, private meals, travel and mobile phones at the mayor’s office, and mandatory clean criminal records for all candidates on his list, with any elected official required to resign if convicted during their term.

He also promised to create a permanent cooperation structure with Monaco to ensure transparency and balance in bilateral agreements. Born and educated in Monaco himself, he acknowledged the complementary relationship, but pointed out that while Monaco provides funding, it is Beausoleil that permanently grants the land.

His full programme will be released in February and the successful candidate will serve until 2032.

See more in our video below…

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Main photo credit: Monaco Life.

Prince Albert in Paraguay: key moments from a landmark state visit

Prince Albert II of Monaco has concluded a landmark visit to Paraguay, marking the Principality’s first official mission to the South American nation — and setting the stage for a new era of diplomatic and economic cooperation.

Over the course of three packed days, the Prince led a delegation of Monegasque officials and business leaders through a wide-ranging agenda that spanned trade talks, environmental exploration, sporting diplomacy and cultural exchange. From boardrooms to hydroelectric plants, and from economic forums to Olympic pools, the visit was a striking demonstration of Monaco’s growing international ambition.

“This visit represents a new chapter in the friendship between Paraguay and Monaco,” said Prince Albert during the Paraguay-Monaco Economic Forum, held in Asunción on 4th November. “We can transform our aspirations into concrete actions for the benefit of both countries.”

Photo credit: Michaël Alesi, Prince’s Palace

The forum, co-organised by REDIEX (Paraguay’s investment promotion agency) and the Monaco Economic Board, saw 11 Monegasque companies meet with Paraguayan counterparts to explore opportunities in sectors including logistics, agri-food, tourism, health, finance, and clean energy. Over 50 B2B meetings were arranged across three events, signalling strong interest on both sides in developing new trade ties.

Leading the economic mission was Ludmilla Raconnat Le Goff, Delegate for Attractiveness to the Minister of State, who emphasised Monaco’s offer as a “safe gateway to Europe,” built on political and financial stability, transparent regulation, and a deep commitment to sustainability. “This mission illustrates a living, confident approach to international cooperation,” she said. “Paraguay is a young, stable country with strong growth potential. This encounter was about building trust, seeking new partners, and laying the foundations for long-term exchange.”

Photo credit: Michaël Alesi, Prince’s Palace

The Prince’s schedule also included high-profile institutional engagements, a gala dinner alongside President Santiago Peña, and several field visits — including to the iconic Itaipú Binacional hydroelectric dam.

Stretching nearly eight kilometres across the Paraná River, the dam is one of the most powerful in the world and provides 90% of Paraguay’s energy. There, Prince Albert toured the turbine halls, signed the guest book, and planted a tree overlooking the massive structure — a symbolic gesture of future growth.

Photo credit: Michaël Alesi, Prince’s Palace

The trip closed with a visit to the Olympic Park near Asunción, where the Prince met young athletes and toured new world-class aquatic facilities ahead of the 2025 Pan American Junior Games.

For the Monaco Economic Board and the participating companies — including names in pharmaceuticals, cosmetics, family offices, logistics, and tourism — the visit opened valuable lines of dialogue with one of Latin America’s most stable and investment-friendly economies.

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Main photo credit: Michaël Alesi, Prince’s Palace