Business & Finance
Julius Baer’s Monaco arm fined €1.5m over money-laundering failings
Julius Baer’s Monaco wealth arm has been fined €1.5 million for serious anti-money-laundering failings, the latest sanction as Monaco’s regulator steps up enforcement to exit the FATF grey list.
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Prince Albert II calls for stronger multilateralism as Monaco hosts Council of Europe ambassadors
With war and distrust testing Europe, Prince Albert II told representatives of 46 nations that no country can respond alone as Monaco hosted the Council of Europe’s decision-makers.
Annabelle Jaeger-Seydoux appointed new director of MonacoTech
Annabelle Jaeger-Seydoux takes over as director of MonacoTech, succeeding Chloé Boscagli to lead the Principality's startup incubator.
The €5.2 billion industry Monaco doesn’t talk about
Wholesale trade generated €5.2bn in Monaco in 2025, over a quarter of the non-financial economy and its largest sector by revenue, proving more resilient than the wider economy despite a 3.1% dip.
Superyacht sales surge to €4 billion ahead of Monaco Yacht Show
The most valuable yacht sold during the period was Feadship’s 100.7-metre Moonrise, which had an asking price of €325 million when the transaction was completed in under six months.
Laurent Puons departs Monaco Mediax as Amparo Di Fede takes the helm
Monaco Mediax, the company behind the Monte-Carlo Television Festival and Sportel, has appointed Amparo Di Fede as General Director following the departure of Laurent Puons.
