Business & Finance
Brought to you by: Monaco Life
The Association Monaco Brazil Invest (AMBI) is holding their second year anniversary event on March 23 at the Monte Carlo Bay Hotel. AMBI, a bilateral association of commercial economic and financial cooperation between Monaco and Brazil launched in 2015, has invited two distinguished speakers on Thursday.
“Each year we chose a unique subject,” Marcos Pileggi, President of the non-profit AMBI, told Monaco Life, “and this time we are presenting Monaco and data protection of the cloud.”
Two speakers will address guests at the invitation only event. Dr Renato Opice Blum, Digital Law Professor at Insper, will talk about “Cloud and its business in Monaco: Trends and Opportunities within a Data Protection Framework”. This will be followed by “Monaco Law and Regulatory Panorama in Regards with Data/IT Protection in Business”, delivered by Richard Mullot, Vice-President of the Monaco Bar, and former President of the Bar.
“Monaco is the safest country in the world for people, why not for data?” Mr Pileggi suggested.
Each country, and indeed each state within the US, has different legislation regarding data protection. Just last month, Javelin Strategy & Research stated an estimated 15.4 million American consumers – or nearly 1 in every 16 – were victims of ID theft last year up. This figure is up from 13.1 million in 2015.
The Javelin report opened with “2016 will be remembered as a banner year for fraudsters, as numerous measures of identity fraud reached new heights”, confirming fraud losses totalled $16 billion.
AMBI, which officially launched at the Monaco Yacht Club in March 2016, promotes and develops multilateral links between Monaco and Brazil, focusing on Monaco as a hub of international business and investment exchange. The conference this week is in collaboration with the Monaco Economic Board and sponsored by Powers Properties. The official partners are Monaco Asset Management and CMB Bank.
Working closely with the Brazilian Consulate in Monaco and the Monaco Consulate in Brazil, AMBI looks to build networks and create opportunities for members with introductions to prestigious personalities, and provide “Complementary Activities” with other organisations, such as Brasil Monaco Project and the Monaco Economic Board. Memberships are divided into four categories: Patron, Corporate, Individual and Institutional.
The new AMBI website will be launched later this week, in conjunction with the second anniversary conference on Thursday.
Marcos Pileggi, President of AMBI, Luciana de Montigny, Secretary General of AMBI and President of Brasil Monaco Project,
Jacques Boisson, State Secretary,André de Montigny, AMBI President of Honour and Honorary Consul of Brazil in Monaco, Henri Fissore,Ambassador at Large
French Scientist Jean-Pierre Petit has told MEB members that the world economy has held up surprisingly well despite the health crisis, giving hope to Monegasque investors.
CFM Indosuez has inaugurated an innovative solidarity finance offer with the Oceanographic Institute with a donation of €130,000, 30% of which comes from investors fees.
Entries are now open for the MDO Monte-Carlo Prize, an international award for outstanding companies in terms of innovation, technology, design and sustainability.
The first six months of this year saw strong recovery in most aspects of the economy, however there are sectors that are still struggling with the impact of the Covid pandemic.