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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“Losing steam”: Why are housing markets slowing all around the world?
The story is the same in many of the world’s most traditionally strong housing markets. In Europe, in North America, and in Australia and New Zealand, house prices and sales are falling. But why?
Fontvieille shopping centre project to be “revised”, National Council “stunned”
The proposed demolition and reconstruction of the Fontvieille shopping centre appears to have hit a snag, with reports that the government is going to reassess the €300 million project and put...
MYS 2023: A super-successful superyacht show
This year’s Monaco Yacht Show has been lauded another huge success, not least because of its line-up of yachts worth close to €4.3 billion, almost half of which had never been seen before.
MonacoTech is seeking its next round of innovative entrepreneurs
MonacoTech, the Principality's main start-up incubator, has launched a new call for projects that fall within one of five innovative categories.
Prince Albert congratulates winners of inaugural Young Chef Young Waiter Monaco competition
The inaugural Young Chef Young Waiter Monaco competition has been held at the Lycée Rainier III, where eight finalists battled it out to win Young Chef, Young Waiter and Young Mixologist of the year...
How many centi-millionaires live in Monaco?
The number of people in the world with investable assets of €100 million or more, known as centi-millionaires, has jumped by 12% in a year. Once again, Monaco is home to a large portion of them,...
