Business & Finance
Monaco’s watchdog defends its €6m UBS fine against industry criticism
Monaco’s financial-crime regulator has publicly defended its €6m fine against UBS Monaco, rejecting “inaccurate” commentary on the ruling — the biggest of a run of AMSF penalties over the past year.
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Government launches Monaco Boost incubator
Monaco’s entrepreneurial eco-system has received a major “boost” thanks to the opening of another government funded start-up incubator capable of supporting 108 businesses.
Overcoming gender bias in financial system
New research from Barclays Private Bank shows that the next generation of HNW women are set to change family and banking dynamics as their share of global wealth steadily increases.
Restaurant closures amid police blitz
A major control by authorities in Monaco has found that a third of the cafés and restaurants were in breach of strict health controls, while four were shut down for repeated offences.
Government steps in to negotiations
Government Ministers Jean Castellini and Didier Gamerdinger have met the inter-union representatives of the SBM to discuss the company's overall restructuring plan.
Monaco-Luxembourg cooperation
Cryptocurrencies and blockchain were among the topics discussed between Monegasque financial representatives and those in Luxembourg last week, ahead of a MOU signing.
Money laundering tops National Council agenda
The National Council spent Wednesday discussing Bill No. 1008 and a report compiled by Thomas Brezzo concerning money laundering, terrorism financing and corruption.
