“Our mission is to best protect your craft, other craft on the water and of course, you and your passengers … So, bon voyage”

 July 15, 2019

For you to navigate with your yacht in complete serenity, it is essential to provide you with an unique personalized and adapted insurance coverage. As an expert in yachting and crew insurance, once the yacht is registered with flag; Frédéric Drouin encourages you to choose the all-risks yacht insurance. It will protect you in case […]

Monaco Telecom connects the Principality to 5G

 July 11, 2019

Before an audience including Minister of State Serge Telle, government ministers Marie-Pierre Gramaglia, Jean Castellini and Patrice Cellario, Country Chief Digital Officer Frédéric Genta, majority shareholder Xavier Niel, Deputy Chairman of Huawei Guo Ping, numerous Monegasque personalities and several of its private and corporate clients, Monaco Telecom announced on Tuesday 9 July that full 5G […]

Extension of the Duration of Maternity Leave for Female Civil Servants and Government Officials

 July 08, 2019

After introducing a Bill that has just resulted in the adoption of the legislative text on extending the duration of maternity leave in the private sector, the Prince’s Government, as it had indicated, has taken steps to enable female civil servants and Government Officials to benefit from this progress. Thus, in continuing efforts to protect […]

Monaco based boss of stairlift firm Acorn Mobility Services pays himself £97m in dividends in a decade

 July 06, 2019

A Monaco-based Yorkshireman has paid himself close to £100million in dividends over the past decade from his stairlift firm. John Jakes, who founded Acorn Mobility Services 27 years ago, has benefited from a steady rise in sales of stairlifts, which has helped him pay out £97.5million in dividends since 2010 – only just less than […]

Citymapper Monaco

 July 06, 2019

Citymapper is a free app designed to make modal transfer easier and promote soft and shared mobility. As part of the Extended Monaco program, the Principality is now integrated into the Citymapper app, where it appears alongside other major cities including Paris, London, Los Angeles, and Mexico City. Every city featured in Citymapper has its […]

Monaco and the USA are negotiating agreement for exchange of country-by-country reports

 July 04, 2019

The US announced it is negotiating a competent authority agreement with Monaco that would provide for the exchange of country-by-country reports concerning multinationals operating in their countries. The country-by-country reporting scheme was established by countries in 2015 as a result of the OECD/G20 base erosion profit shifting (BEPS) plan. It provides for the collection and […]

33 remarkable UHNW leaders attend the UHNW Business Club event in London

 June 28, 2019

On Wednesday evening the UHNW Business Club by Monaco Wealth Management hosted a group of 33 remarkable UHNW leaders from Monaco and London for an evening of networking and growing relationships with key business owners in London. Since 2010 Monaco Wealth Management has been the bridge between the residents, business leaders and businesses of the […]

The Monaco Cyber Security Agency (AMSN) Attends the 31st Annual Meeting of the Forum of Incident Response and Security Teams (FIRST) and the 14th NatCSIRT Meeting

 June 28, 2019

The AMSN was represented at the FIRST’s 31st Annual Meeting by Frédéric Fautrier, Deputy Director of the AMSN, and Bruno Valentin, Head of the Incident Response Team (CERT-MC). This event took place in Edinburgh from 16 to 21 June and brought together 1,110 participants from 83 countries. The representatives of the AMSN were thus able […]

Pensions watchdogs could pursue Sir Philip Green’s wife in Monaco if she breaks her word to inject cash into Arcadia’s retirement scheme

 June 26, 2019

Pensions watchdogs could pursue Sir Philip Green’s wife in Monaco if she breaks her word to inject cash into Arcadia’s retirement scheme. Lady Green, who owns Arcadia’s parent company Taveta Investments, agreed to put £100m into the scheme on top of £200m of security from property and assets. Charles Counsell, chief executive of The Pensions […]

Françoise Gamerdinger Takes Over as Director of the Department of Cultural Affairs

 June 25, 2019

Françoise Gamerdinger, who was appointed by Sovereign Order No. 7.517 of 17 June 2019, has become the new Director of Cultural Affairs. She is the first woman to hold this post. She holds a DEA postgraduate degree and a Capes de Lettres teaching certificate, as well as a Bachelor’s degree in the teaching of Latin, […]

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