Banking regulations discussed at monetary meeting in Monaco

Jean Castellini, Minister of Finance and Economy. Photo: ©Manuel Vitali – Direction de la Communication
Jean Castellini, Minister of Finance and Economy. Photo: ©Manuel Vitali – Direction de la Communication

The meeting of the Monetary Agreement Committee between the European Union and Monaco was held on Monday, November 27, in the Principality, and several topics were discussed.

Chaired by Jean Castellini, Monaco’s Minister of Finance and Economy, the meeting brought together authorities for the banking and financial sector of France, the European Commission and the European Central Bank as well as the Monegasque authorities.

On the agenda: the coin programme for 2018, the regulation of the banking system, the fight against money laundering and the financing of terrorism.

The meeting took place in a constructive climate, the Government said. Its full conclusions will be published by the European Commission in the annexes of the Monetary Agreement containing the update of the acquis communautaire.


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