- The Economy
21 September 2018 News flash
Les Actionnaires du groupe Monte-Carlo Société des Bains de Mer se sont réunis, ce vendredi 21 septembre, pour statuer sur les comptes de l’exercice 2017-2018 et préciser l’avancement des grands pr...Read more of La Société des Bains de Mer a réuni ses actionnaires
07 September 2018 News flash
During his visit to China, H.S.H. Prince Albert II witnessed the signing of an agreement by Martin Peronnet, CEO of Monaco Telecom, and Shi Weiliang, CEO of Huawei France, in Beijing today. The aim...Read more of Government welcomes agreement between Monaco Telecom and Huawei on 5G coverage in Monaco
03 August 2018 Press release
As part of efforts to modernise its IT system and its ongoing bid to improve policy in the area of anti-money laundering and combatting the financing of terrorism (AML/CFT), for a number of months...Read more of Installation of UNODC goAML analysis software SICCFIN delegation pays study visit to Liechtenstein
03 August 2018 Press release
On 18 July 2018, the Chairperson of the Board of Auditors submitted the 2017 Annual Public Report to HS.H. the Sovereign Prince. This Report was drafted by the Principality’s Supreme Public Auditin...Read more of The Board of Auditors Submits the 2017 Annual Public Report to H.S.H. the Sovereign Prince
30 July 2018 Press release
The Minister of State, accompanied by Jean Castellini, Minster of Finance and Economy, Marie‑Pierre Gramaglia, Minister of Public Works, the Environment and Urban Development, Jean-Luc Nguyen, Dire...Read more of The Minister of State Visits the Jardins d'Apolline Construction Site
25 July 2018 Press release
The Egmont Group is an international organisation which brings together nearly 160 financial intelligence units (FIUs) from all over the world. These FIUs share the same mission in their respective...Read more of SICCFIN takes part in Egmont Group BECA competition for first time
09 July 2018 Press release
The 56th Plenary Meeting of the MONEYVAL Committee was held on 2–6 July in Strasbourg.The Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism (MO...Read more of Council of Europe MONEYVAL - Committee Brand new Monegasque delegation
15 June 2018 News flash
The Minister of State paid a visit to Larvotto this morning to meet business owners with whom he discussed a variety of issues, including the offshore extension project, monitoring of bathing water...Read more of Minister of State meets business owners in Larvotto
15 June 2018 News flash
The Prince's Government, the Monaco Real Estate Developers' Union, the Real Estate Chamber of Monaco and the Monaco Economic Board held a conference on Wednesday 13 June at Monaco's Vocational and...Read more of Conference on the Subject of "Real Estate, A Really Immobile Sector?"
14 June 2018 News flash
On 23 and 24 June 2018, Place du Palais is hosting a meeting of the “historical sites of the Grimaldis of Monaco”. This first event will showcase the Marquisate of Baux and the Earldom of Carladès,...Read more of Issue of four-stamp block to mark 1st Meeting of Historical Sites of the Grimaldis of Monaco
- 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 .