Business & Finance
Brought to you by: Monaco Life
Companies in the Principality who wish to apply for Reinforced Total Temporary Unemployment (CTTR) for their employees can now carry out the procedures online.
The government has made it easier for businesses to complete the CTTR process. They can now apply for authorisation from CCTR and submit their monthly declarations for the supplement payment for partial activity compensation, online.
The CTTR has been instated to allow companies to temporarily reduce or suspend the activity of employees – a measure that will end once the health situation has passed.
For more information, visit the government information site:
French and Monegasque financial intelligence agencies have met in Paris to discuss the latest international large-scale scams cropping up as a result of the Covid epidemic.
The Grimaldi Forum has inaugurated its new Ravel Terrace, giving extra room to visitors in a beautiful open air setting and sea views that can’t be beat.
Remote working for cross-border employees was the hot topic of discussion between the Monaco government and Italy’s new Ambassador in Monaco Giulio Alaimo this week.
The National Council has passed a long-awaited bill allowing the SBM to chase bad debts incurred at its casinos – a move which could already put millions back into its coffers.