Installation of UNODC goAML analysis software SICCFIN delegation pays study visit to Liechtenstein

 August 03, 2018

As part of efforts to modernise its IT system and its ongoing bid to improve policy in the area of anti-money laundering and combatting the financing of terrorism (AML/CFT), for a number of months SICCFIN has, with the Government’s support, been working on a project to upgrade the computer system’s security. One of the key […]

The Board of Auditors Submits the 2017 Annual Public Report to H.S.H. the Sovereign Prince

 August 03, 2018

On 18 July 2018, the Chairperson of the Board of Auditors submitted the 2017 Annual Public Report to HS.H. the Sovereign Prince. This Report was drafted by the Principality’s Supreme Public Auditing Institution (S.A.I) on 9 May 2018. This report is available on the Government’s web site. Pursuant to the Sovereign Ordinance of 2 July […]

Apple is first public company worth $1 trillion

 August 03, 2018

Apple has become the world’s first public company to be worth $1 trillion (£767bn). The iPhone maker’s market value reached the figure in New York on Thursday and its shares closed at a new record high of $207.39. The stock has been rising since Tuesday when it reported better than expected results for the three […]

Global business helps BNP Paribas weather investment bank weakness

 August 01, 2018

BNP Paribas, France’s largest listed bank, beat second-quarter profit forecasts on Wednesday as its global business offset a sharp fixed income trading fall and domestic weakness. A surge in BNP’s international financial services business, including consumer lending, insurance and its U.S. bank BancWest, helped it recover from a weak first quarter when net profit plunged […]

AS Monaco launches its social networks in China

 August 01, 2018

With this Saturday’s Trophée des Champions taking place in Shenzhen, AS Monaco is set to launch its Chinese social networks. The first official match of the 2018/19 season kicks off against Paris SG and AS Monaco will look to engage with local fans on what is the club’s first trip to China. To that end, […]

Fifth Anti-Money Laundering Directive

 July 30, 2018

The Fifth Anti-Money laundering Directive (5AMLD) came into effect earlier this month, on 9 July 2018 – reports Rosemont Consulting. 5AMLD definitions: ‘Virtual currencies’: ‘a digital representation of value that is not issued or guaranteed by a central bank or a public authority, is not necessarily attached to a legally established currency and does not possess […]

Recently formed or closed companies in Monaco

 July 28, 2018

The Principality offers multiple business formation possibilities from the one person sole-trader to a multi million Euro worth company. Operating a business in the Principality of Monaco always involved extraordinary benefits and clear reasons, motivations. As we see it the top three reasons are Flexibility, Added values and of course Taxation. However it is highly […]

Financial report – UBS (MONACO) S.A.

 July 27, 2018

The latest financial report of  UBS (MONACO) S.A. is available to download for our corporate members… This page is exclusive for our members. Please login to our members area or sign up for a Corporate membership to read this content. Username Password Remember Me     Forgot Password

SICCFIN takes part in Egmont Group BECA competition for first time

 July 26, 2018

The Egmont Group is an international organisation which brings together nearly 160 financial intelligence units (FIUs) from all over the world. These FIUs share the same mission in their respective countries: to combat money laundering and terrorist financing. To enable these various FIUs to learn from one another’s experience based on real cases handled by […]

Recently formed companies in Monaco

 July 21, 2018

The Principality offers multiple business formation possibilities from the one person sole-trader to a multi million Euro worth company. Operating a business in the Principality of Monaco always involved extraordinary benefits and clear reasons, motivations. As we see it the top three reasons are Flexibility, Added values and of course Taxation. However it is highly […]

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