News
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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Better access to A8 from Monaco in the works
Vinci Autoroutes has announced an investment plan amounting to €432 million, most of it earmarked for new interchanges and carpool areas in the PACA area, where 25 major improvements are planned....
Game-changing commitments for sustainable development
Nearly 20 leading global banks and investors, with $6.6 trillion in assets, have launched an initiative called Principles for Positive Impact Finance to help foster the United Nations’ sustainable...
Monaco’s SYBAss reports on superyacht trends for UHNWIs
The Monaco-based Superyacht Builders Association (SYBAss) has released a report indicating that ultra-high net worth individuals (UHNWI) in the Middle East and North Africa region have a statistical...
Shoe lady loses latest court case
Monaco resident Maurice Alain Amon has won the latest round in a court battle with his estranged wife over a $25 million art collection. Tracey Hejailan-Amon had claimed that her husband, a Swiss...
Motorway charges set to rise
Travelling on French motorways is about to become slightly more expensive, with tollbooth charges set to rise by an average of 0.8 percent from February 1. Toll charges did not increase in 2016, but...
Casino thief caught by cameras
A 72-year-old Italian has been sentenced by the Criminal Court of Monaco after having been found guilty of stealing a bag containing nine bank cards and two mobile telephones in the casino of the...
