Serge Telle receives AMAF Certification Holders

©Direction de la Communication / Manuel Vitali

On Thursday, in the presence of the authorities, the Minister of State, Serge Telle, received employees who had obtained the Monegasque Professional Certification.  This certification was instigated by the Prince's Government, on the initiative of the Monegasque Association for Financial Activities (AMAF).

This mandatory certification scheme entered into force on 2 May 2014.  Its objective is to increase the skills of employees of Monegasque banks and management companies and enhance the sector's reputation for excellence.  This professional certification is aimed at all "Front Office" employees, i.e. those who are in contact with customers or markets, and their direct managers.  Since its inception, 225 professionals have been awarded this certification.

In his speech, Serge Telle stressed that "the excellence of the Monaco financial sector is a priority.  This excellence relates to three areas in which AMAF intervenes directly:  on one hand, the supervision, regulation and organisation of the financial professions, ensuring know-how and legitimacy.  On the other, regular, targeted promotion of this Monegasque sector, especially at the international level.  Finally – and this is what brings us together today - competent professionals, who for many represent the true face of our financial sector - and even our Principality."