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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SBM renovates staff accommodation as recruitment race heats up
Monte-Carlo SBM has completed a full renovation of its seasonal staff accommodation and is building two new residences in Beausoleil and Roquebrune-Cap-Martin, adding 125 beds by 2028.
Monaco Economic Board attends ICC Europe annual meeting in London
The Monaco Economic Board participated in the ICC Europe annual meeting in London on 21 and 22 April, hosting discussions on international trade, regionalisation, and potential cooperation with...
Monaco employment figures: key trends for 2025
Monaco’s labour market remains strong, with employment up 27.6% over the past decade, despite a slight 0.7% dip in 2025 to 77,866 jobs, driven by a slowdown in the private sector.
Monaco’s Minister of State reshapes government team with three senior appointments
Monaco's Ministry of State announces three senior appointments, with Marc Vassallo, Arnaud Hamon and Raphaël Simian taking up new roles under Christophe Mirmand.
Average private sector salary in Monaco reaches €5,195 a month
Monaco's average private sector salary rose to €5,195 a month in 2025, up 5.4% on the previous year, with finance the top-paying sector and a persistent gender gap at senior levels.
Champagne Telmont confirmed as Official Champagne Partner of E1 World Championship
Champagne house steps up its role in the all-electric powerboat series as the 2026 season heads to Lake Como this weekend.
