Business & Finance

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Another great year for Monaco’s economy

It would be difficult to exaggerate the success of 2016 for the Monegasque economy, a record year for the Principality. Jean Castellini, Minister of Finance and Economy, told the Eco-Club of...

Scorpio tanker

Monaco marine transporter reports better year

Monaco-based Scorpio Bulkers has announced its financial results for 2016, showing a much-reduced loss compared to the previous year. For the year ended December 31, 2016, the shipping...

Monaco Minister of Finance: Non-residents and the exchange of financial information

At a meeting with the press on Friday, December 16, Finance Minister Jean Castellini, reiterated Monaco’s commitment to implement the automatic exchange of financial account information in time to...

CFM Indosuez Wealth Management sells fraction of Monaco business

UPDATED 4:30 pm: CFM Indosuez Wealth Management has sold a fraction of its business in the Principality of Monaco, namely clients resident in African countries, to Compagnie Monégasque de Banque...

Bringing together innovators and investors in Monaco

Lightbridge Corporation, a US nuclear fuel technology firm, will be one of the presenting companies at CleanEquity® Monaco 2017 on March 9 and 10 at the Fairmont Monte Carlo. CleanEquity® Monaco is...

Tougher new rules for tax advisers

The UK’s tax collectors have new powers from January 1 to “name and shame” professional advisers who enable tax evasion. Advisers will be liable for fines of up to 100 percent of the tax...