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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Three charters for Scorpio Bulkers
Monaco-based Scorpio Bulkers has entered into time charter-out agreements for two Ultramax vessels and one Kamsarmax vessel. The SBI Leo, an Ultramar vessel, has been chartered for a minimum of five...
Belgians denounced for fraudulent residency permits by Monaco's Public Prosecutor
Members of the Public Security Service helped a number of Belgian nationals obtain residency permits illegally, the Public Prosecutor confirmed in a press statement on Monday. The statement was...
Radio silence for local station
All six members of the editorial staff of the privately-owned radio station Radio Monaco have been told they will no longer have jobs from the end of this year, several news sources report. Two other...
Monaco and Seychelles find common ground
One of the world’s lowest-lying countries, and the most at risk of rising sea levels, the Seychelles, is hoping for support from Monaco in minimising global warming. Last week Seychelles President...
Monaco National Day highlights
Monaco has been celebrating its Fête Nationale since the reign of Prince Charles III in 1857, although “Festival of the Sovereign” was renamed “National Day” in 1951 when the...
My Yacht Group hosts “epic” party aboard M/Y Turquoise
My Yacht™ Group returned to Port Hercule to host its exclusive charity reception on the opening night of the 2016 Monaco Yacht Show aboard the newly refitted 55m superyacht M/Y Turquoise. Guest of...