New financial regulation in Monaco

 February 06, 2019

Having regard to the deliberation of the Council of Government dated January 16th, 2019, relating to the determination of the rate of wear – it has been amended. For the year 2019, the average rate determined under the conditions referred to in the preceding article is set at: For individuals: Discoveries: 17.53% Personal loans: 3.88% […]

Crypto Firms Betting on Diamonds

 February 06, 2019

The First Financial Market For Diamonds was announced by Trade Diamonds on the Blockchain, use the CARAT Token to trade diamonds – peer to peer with no middlemen. is tokenizing the world’s most precious commodity – diamonds. We’re building a liquid method to exchange diamonds’ digital value with a real-world usage and exposure […]

MonacoTech launches 4th call for applications!

 February 05, 2019

Since it was first set up in 2017, MonacoTech, the start-up programme created by the Monegasque Government in partnership with Monaco Telecom, has supported 24 start-ups, of which 14 are still with the programme. To continue to identify new, innovative start-ups, another call for applications has been launched on . MonacoTech selects ambitious and […]

Position your brand or company to WIN more HNW & UHNW clients in 2019

 February 05, 2019

We live in a forever-changing marketplace, whether that be through technological advancements or new and emerging innovations. It is imperative to continue to find innovative ways to stand out and engage with your UHNW audience to win, grow and maintain these often-inaccessible prospects. Privacy, time and experience is key to winning the 2019 HNW and […]

Is the party over for VAT paid status?

 February 05, 2019

Superyacht lawyer Jonathan Watson shares his views with regarding VAT for superyachts and structures in Monaco and Malta. Jonathan regularly advises on ownership structures, sale/purchase contracts, newbuild projects, finance, VAT, registration and flagging issues. His superyacht legal team were recognised in “The Times” 2019 list of Best Law Firms 2019. “Understand the risks and benefits and […]

Crypto Exchange Says It Can’t Repay $190 Million to Clients After Founder Dies With Only Password

 February 05, 2019

“Canadian crypto exchange QuadrigaCX says it cannot repay most of $190 million in client holdings after its 30-year-old founder Gerald Cotten, the only person who knew the passwords to its “cold storage,” unexpectedly died in India in December 2018, Coindesk reported on Friday.” – reports In a sworn affidavit with the Nova Scotia Supreme […]

The Alcatel Lucent Enterprise in Monaco Celebrates its 100th anniversary

 February 04, 2019

Jean Castellini, Minister of Finance and Economy, gave a welcoming address to the 1,000 or so employees and guests who had gathered at the Grimaldi Forum for two days to celebrate the centenary of the Alcatel Lucent Enterprise (ALE). This anniversary was an opportunity for the Group’s management to present a vision of an innovative, […]

Lionel Galfré joins the DITN; Sophie Vincent Succeeds him as Head of IMSEE

 February 04, 2019

Lionel Galfré, who has been Director of the Monegasque Institute of Statistics and Economic Studies (IMSEE) since it was founded in 2011, joined the Digital Transition Office (DITN) on 28 January, where he will be become Chief Data Officer. “It will be a matter of organising the management and processing of data collected by the […]

EGMONT Group Working Groups in Jakarta – The Principality Signs Four Cooperation Agreements

 February 04, 2019

SICCFIN, the Principality’s Financial Intelligence Unit (FIU), represented by Philippe Boisbouvier, Karine Imbert and Jenny Perrot, took part in an inter-sessional meeting of the EGMONT Group, held in Jakarta, Indonesia, from 29 to 31 January 2019. The EGMONT Group is an international organisation that now includes 159 FIUs. Its mission is to combat money laundering […]

MEB alongside Monegasque entrepreneurs to New Delhi

 February 02, 2019

As part of an official visit by HSH the Sovereign Prince Albert II to India, the Monaco Economic Board (MEB) takes on this complex country with promising prospects on a Trade Mission from 2-6 February. Thanks to partners on site and under the aegis of Monaco’s Embassy in India, MEB is able to offer entrepreneurs […]

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