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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Monaco welcomes new ambassadors
The Principality has received four new ambassadors this week from Japan, Spain, Czech Republic and India.
France to ease lockdown within days
Four weeks after France entered its second lockdown, the country will begin its gradual release, with stores reopening just in time for the busy Christmas period.
Millennials driving sustainable investing
New research from Barclays Private Bank shows that the younger members of wealthy families are pushing ESG investing, acting as a common ground for the different generations.
Shop re-openings for Christmas far from certain
Despite the current lockdown showing some positive results, French Industry Minister Agnes Pannier-Runacher says a blanket re-opening of stores in time for the holiday rush is not a foregone...
MEB’s e-mission to Russia
The Monaco Economic Board hosted its first ever economic e-mission with Russian entrepreneurs this month, paving the way for future business opportunities with the country.
"Regulation is not the enemy of business"
Close to 100 key economic players were reminded of Monaco’s strict rules on money laundering and the financing of terrorism and corruption at a recent high-level meeting.
