Business & Finance
Monaco’s Justice Secretary: “We need to come out of the shadows”
When Samuel Vuelta Simon arrived in Monaco as Secretary of State for Justice just over a year ago, he made a shocking discovery: the Principality’s Wikipedia page didn’t even mention its justice system.
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Fugitive banker still sought by Russia
Russia’s General Prosecutor’s Office has sent a request to the authorities in the UK for the extradition of Georgy Bedzhamov, who faces charges of embezzlement in Russia. Last year Bedzhamov was...
Edmond de Rothschild Monaco acquires Snap-On stake
Edmond de Rothschild Monaco acquired a stake in Snap-On Inc during the third quarter of 2016, according to a Form 13F filing with the Securities and Exchange Commission in the US. Snap-On Inc is...
Good news comes late for Francois Hollande
The French jobs market has reported its second consecutive year of employment growth, with 200,000 new jobs created in the commercial sector during 2016. The government said that the latest figures...
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...
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...
