Business & Finance
Monaco introduces plea bargain system in biggest criminal justice reform in decades
Monaco has introduced plea bargaining into its criminal justice system for the first time, creating new procedures designed to resolve certain criminal cases more quickly while easing pressure on the courts.
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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...
Monaco still top of the prop
The latest Knight Frank Prime Global Cities Index has reconfirmed Monaco as having the most expensive real estate worldwide. The top-end agency reports that $1 million (€954,000) buys only 17...
Bank accounts become more expensive
Two more German banks are to introduce negative interest rates for clients with large deposits. From April 1, Stadtsparkasse of Munich will introduce a negative rate of 0.4 percent for customers with...
Monaco a “magnet” for Australian funds
Australia’s anti-money laundering and counter-terrorism agency, Australian Transaction Reports and Analysis Centre (AUSTRAC), has named Monaco as one of the destinations for money transfers that...
Mixed results for third quarter
IMSEE, Monaco’s statistical office, has reported mixed results for the third quarter of 2016. While overall revenues, excluding financial and insurance activities, declined over the period, the...