- The Economy
14 November 2018 News flash
Yesterday, the 6th Monaco Business, an event for companies from Monaco and the Côte d'Azur, took place. It was opened by Jean Castellini, Minister of Finance and Economy, representing H.E.the Minis...Read more of Monaco Business – Enterprise Day
07 November 2018 News flash
The Strategic Council for Attractiveness held its plenary meeting on Tuesday 6 November at the Oceanographic Museum.Opening the meeting, the Minister of State said, “In a country which draws a sign...Read more of Strategic Council for Attractiveness plenary meeting
Monaco Takes Part in the 10th Conference of the Parties of the CETS Convention No. 198 of the Council of Europe - Strasbourg - 30 and 31 October 201807 November 2018 News flash
On 30 and 31 October, the 10th Plenary Assembly of the Convention of the Parties (COP) to the CETS No. 198 on Laundering, Search, Seizure and Confiscation of the Proceeds from Crime and on the Fina...Read more of Monaco Takes Part in the 10th Conference of the Parties of the CETS Convention No. 198 of the Council of Europe - Strasbourg - 30 and 31 October 2018
Information and awareness morning on national money laundering and terrorist financing risk assessment in the Principality of Monaco15 October 2018 Press release
On 12 October, an information and awareness morning was held to address the challenges Monaco faces during its second national money laundering and terrorist financing risk assessment, organised by...Read more of Information and awareness morning on national money laundering and terrorist financing risk assessment in the Principality of Monaco
08 October 2018 News flash
The Monaco Tourist and Convention Authority’s representative office in the United States this year won three business tourism awards for the excellence of services offered by the destination.Reader...Read more of Tourist and Convention Authority’s US representative office wins 3 awards
08 October 2018 News flash
The Service d’Information et de Contrôle des Circuits Financiers (SICCFIN), the Financial Intelligence Unit (FIU) of Monaco, took part in the 25th plenary session of the EgmontGroup, held in Sydney...Read more of The Principality represented at the Plenary meeting of the Egmont group in Sydney
03 October 2018 News flash
Sylvie Esparre was appointed to the Board of Auditors by Sovereign Order No. 7.079 of10 September 2018, as a successor to Hubert Poyet, who had resigned. Following her appointment, Sylvie Esparre w...Read more of Appointment of Sylvie Esparre to the Board of Auditors
21 September 2018 News flash
The Shareholders of the Monte-Carlo Société des Bains de Mer group met on Friday 21 September to approve the financial statements for the 2017-2018 financial year and review the progress of the Gro...Read more of The Société des Bains de Mer Holds a Meeting for its Shareholders
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
- 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 .