Business & Finance
Monaco exits FATF grey list: the reforms and sanctions behind the breakthrough
Two years of scrutiny, sweeping reforms and millions in fines: Monaco has secured its exit from the FATF grey list, with increased seizures of suspected criminal assets singled out as evidence of progress.
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Additional support for businesses
The government has bolstered some of the support systems it introduced recently for businesses in the Principality.
Barclays unveils aid for coronavirus relief
Banking giant Barclays has announced the launch of a ÂŁ100 million package in an effort to help those most affected by the Covid-19 epidemic.
Monaco Telecom acquisition complete
The Maltese Communication Authority has approved a €250 million corporate contract between Monaco Telecom and Malta’s leading telecommunications company, Vodaphone Malta.
Back to business at Larvotto construction site
Monaco is reopening the Larvotto construction site to workers, saying the beach project is “essential for the development of the Principality”.
Request for Extraordinary Minimum Income
Monaco’s self-employed entrepreneurs will have access to a minimum monthly income as part of the government’s new economic measures, effective immediately.
€280 million to cover Monaco’s workers
The Prince’s government has announced another raft of economic measures to support employees impacted by the Covid-19 crisis.
