- The Economy
12 January 2018 News flash
As part of thinking about the future of Monaco, the Prince’s Government has entered into a partnership with Matrice, an École 42 entrepreneurship programme in Paris (www.42.fr/matrice/ ), with the...Read more of Season 1 of Matrice Smart-City Monaco hackathon draws to close
15 December 2017 News flash
Mr Jean Castellini, Minister of Finance and Economy, was the guest at a breakfast lecture organised by the Junior Chamber International this morning. The theme was: “Pitch Time: Discover MonacoTech...Read more of Jean Castellini is guest of Junior Chamber International at MonacoTech
Monaco takes part in Conference of Parties to Council of Europe Convention No. 198 Strasbourg – 21 and 22 November 201704 December 2017 Press release
On 1 September 2017, in Strasbourg, Monaco’s Ambassador to the Council of Europe, Rémi Mortier, signed Convention No. 198 on Laundering, Search, Seizure and Confiscation of the Proceeds from Crime...Read more of Monaco takes part in Conference of Parties to Council of Europe Convention No. 198 Strasbourg – 21 and 22 November 2017
28 November 2017 News flash
A meeting of the Committee on Monetary Agreement between the European Union and Monaco was held yesterday in the Principality.This meeting was chaired by Jean Castellini, Minister of Finance and Ec...Read more of Meeting of the Committee on Monetary Agreement between the European Union and Monaco
17 November 2017 News flash
The Monaco-Matin Eco Club met this morning, in the presence of JeanCastellini, Minister of Finance and Economy, at MonacoTech, the Monegasque State's start-up incubator/accelerator, which was inaug...Read more of MonacoTech is Host to the Monaco-Matin Eco Club
17 November 2017 News flash
The Tourist and Convention Authority held its traditional evening event at the Rainier III Auditorium yesterday for more than 350 tourism professionals in the Principality. During the event, which...Read more of Responsible tourism in the spotlight at Tourist and Convention Authority event
08 November 2017 News flash
MonacoTech, the start-up incubator and accelerator established by the Monegasque Government in partnership with Monaco Telecom, was recently inaugurated by H.S.H. the Sovereign Prince, Jean Castell...Read more of Official launch of MonacoTech
03 November 2017 Press release
The Egmont Group1 organised a training session on strategic analysis from 23 to 27 October 2017 in Kuala Lumpur, Malaysia.The session, requested by the Financial Action Task Force (FATF)2 Asia/Paci...Read more of Egmont Group: SICCFIN official conducts training in Malaysia
20 October 2017 News flash
A delegation comprising two representatives from the Senegalese National Financial Intelligence Processing Unit (CENTIF), the counterpart to Monaco’s SICCFIN, was in the Principality on 11 and 12 O...Read more of Senegalese FIU visits Monaco
10 October 2017 News flash
On Tuesday, in the presence of the authorities, the Minister of State, Serge Telle, received employees who had been awarded the Monegasque Professional Certification. This certification was instiga...Read more of Serge Telle Receives AMAF Certification Holders
- A country focused on success
- Sustainable development at the economy’s core
- Analysis and statistics: tools for innovation
- Leisure and Business Tourism: developing attractiveness
- A major stakeholder in the Northern Mediterranean labour market
- Money laundering and terrorist financing: An ongoing fight against illicit activities
An economic development model meeting the challenges of the 21st century
The relevance of the brave and visionary choices made by its Princes throughout its history have made of Monaco a stable sovereign State envied by many, enjoying uninterrupted growth and healthy finances.
The Sovereign Prince has clearly addressed this question by drawing up a proactive roadmap for the Government to promote the Principality's attractiveness, while setting a reasonable strategy for growth for the country.
By establishing a proactive road map to be followed by the Prince's Government to increase the Principality’s attractiveness, the Sovereign Prince has clearly overcome these challenges, guiding the country on a path of sustainable growth.
A country focused on success
All of the country's energy has been mobilised to preserve the growth of its economy, to create new sources of growth and to preserve the exemplary nature of the Monegasque model.
The Prince's Government actively contributes to expand the Monegasque economy by establishing development targets in line with its forward-looking vision for the country. It thus promotes the creation of new businesses and the arrival of new residents. The Government is continuing to simplify procedures, and has set up bodies dedicated to assisting entrepreneurs in relocating and developing their businesses. Click here to find out more
Sustainable development at the economy’s core
The growth of the Monegasque economy does not only meet quantitative goals. The work performed by the Prince's Government aims at including its growth model in a virtuous circle of sustainable development, in line with the vision expressed by H.S.H. the Sovereign Prince for the responsible growth of the country. Click here to find out more
Analysis and statistics: tools for innovation
The Prince's Government wishes to offer all economic and social stakeholders forward planning tools to assist in decision-making. This will enable them to progress more confidently with long-term aims. Although this is a difficult period, it should nevertheless be conducive to inventiveness and harnessing higher performance. Click here to find out more
Leisure and Business Tourism: developing attractiveness
The Principality is a source of attractiveness in itself. Its location, its quality of life, the excellence of its infrastructures, and the multitude of cultural and sporting events that take place throughout the year make it a dream destination for tourists, both for leisure and for business.
To maintain and strengthen these advantages, the Prince's Government has made it a priority to conduct an innovative policy for leisure and business tourism. Click here to find out more
A major stakeholder in the Northern Mediterranean labour market
Monaco is not an isolated territory, cut off from the rest of the world. As a fast-developing sovereign nation, the Principality's economy forms part of the Mediterranean economic basin that extends from the Italian Riviera to the French Cote d'Azur. Every day, thousands of professionals come to work in Monaco, in an exchange that is mutually beneficial to all the countries involved. People of 120 nationalities from all continents bolster the Monegasque economy with their experience and expertise.
By facilitating business development, the Prince's Government strives to maintain Monaco’s central position as a major economic and social stakeholder in the Northern Mediterranean labour market. Click here to find out more
Money laundering and terrorist financing: An ongoing fight against illicit activities
Since the first anti-money laundering law of 1993, Monaco has continued to pursue an active policy with regard to the fight against money laundering and terrorist financing. This commitment is steadfast at both the national and international levels.
To oversee the implementation of these measures, the Principality has created a financial investigation unit (CRF), the Service d’Information et de Contrôle sur les Circuits Financiers (SICCFIN).
The actions of the Monaco Government contribute to the development and the modernisation of Monaco as a financial centre by focussing on best practices and standards of regulation and control, in terms of combatting money laundering and terrorist financing. Click here to find out more .