Monaco Business – Enterprise Day

 November 14, 2018

Yesterday, the 6th Monaco Business, an event for companies from Monaco and the Côte d’Azur, took place. It was opened by Jean Castellini, Minister of Finance and Economy, representing H.E. the Minister of State. At this fair, lectures and debates were held throughout the day on topical issues such as the smart nation, cyber security, […]

Supporting renters with loans

 November 10, 2018

In the free sector, the ceilings for reference rents will be upgraded on 1 January 2019. According to Jean Castellini, the ceilings for reference rents weren’t reevaluated on 1 January 2018 and the government perceived that the reality of the market surpassed the policies and needed to be significantly upgraded. In the free sector, the […]

Russian AS Monaco owner Rybolovlev under formal investigation

 November 08, 2018

The Russian billionaire owner of Monaco football club, Dmitry Rybolovlev, has been placed under formal investigation in connection with a major fraud case. It involves a Swiss art dealer from whom Mr Rybolovlev bought a series of masterpieces, triggering a long-running separate legal battle. The investigation centres on claims that Mr Rybolovlev tried to influence […]

Art & Monaco

 November 08, 2018

In the Principality of Monaco the policy of supporting culture and creativity has been pursued both nationally and internationally. Art has always represented a point of interest in the Principality. For example the excellences of the contemporary art are honoured every year by the Fondation Prince Pierre. H.S.H Princess Charlene is also an art lover […]

AS Monaco firmly denies defamatory remarks

 November 08, 2018

AS Monaco firmly denies defamatory remarks by Mediapart and states that Club President Dmitry Rybolovlev did not withdraw one euro from the club’s accounts following the transfer of Kylian Mbappé. President Dmitry Rybolovlev has invested nearly 335 million euros since his arrival to fund transfers and player salaries and pay off the club’s debts. Each […]

Good news for Monaco businesses!

 November 07, 2018

Following an Ordinance passed by Prince Albert on 24 October, 2018 (n°7.174), the Monegasque corporate tax regime will be modified effective from 1 January, 2019. The original tax rate of 33,33% used since 1993 will progressively decrease to 25% on the following calendar: 31% as of 1 January, 2019; 28% as of 1 January, 2020; […]

Twist in alleged $1bn art fraud as Russian tycoon detained in Monaco

 November 07, 2018

“Dmitry Rybolovlev, owner of AS Monaco, has been under investigation by prosecutors in the Principality” – reports The Guardian Police in Monaco have detained Russian tycoon Dmitry Rybolovlev for questioning as part of an investigation into corruption and influence peddling, according to reports. Rybolovlev, who owns the football club AS Monaco, was held on Tuesday […]

Monaco Takes Part in the 10th Conference of the Parties of the CETS Convention No. 198 of the Council of Europe – Strasbourg – 30 and 31 October 2018

 November 07, 2018

On 30 and 31 October, the 10th Plenary Assembly of the Convention of the Parties (COP) to the CETS No. 198 on Laundering, Search, Seizure and Confiscation of the Proceeds from Crime and on the Financing of Terrorism, known as the Warsaw Convention, was held at the Council of Europe in Strasbourg. This instrument, which […]

Monaco signs the Protocol of Amendment Updating the European Convention on the Protection of Personal Data

 November 06, 2018

On 10 October 2018, at the Council of Europe in Strasbourg, Monaco and 20 other States signed the Protocol Amending the Convention for the Protection of Individuals with regard to Automatic Processing of Personal Data at the international level. This Convention, which was opened for signature in 1981 and currently has 53 States Parties, is […]

Meet Charlotte

 November 05, 2018

Meet Charlotte Easterbrook, the new Brand Experience Director of Monaco Wealth Management. From October 2018 on Zsolt Szemerszky handed over the management of brand relations and appointed Miss Easterbrook as his successor. The newly appointed Brand Experience Director has vast experience on the Principality of Monaco and she is the co-author of the book “Monaco: […]

%d bloggers like this: