- The Economy
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
Working Lunch of the High Level Advisory Committee of the Commission for the Control of Financial Activities12 June 2018 News flash
On Friday 8 June, the High Level Advisory Committee of the Commission for the Control of Financial Activities (CCAF) was invited by the Minister of State to a working lunch held at his Residence.Se...Read more of Working Lunch of the High Level Advisory Committee of the Commission for the Control of Financial Activities
18 May 2018 Press release
As part of the 5th round of evaluations of the countries that take part in the MONEYVAL Committee in charge of Anti-Money Laundering and Counter Terrorist Financing (AML/CFT), the General Secretari...Read more of Monaco Takes Part in a Training Seminar for MONEYVAL Committee Evaluators
12 April 2018 News flash
As part of the activities of the MONEYVAL Committee of Experts, a workshop was held in Monaco on 9 and 10 April 2018 by the SICCFIN.This workshop brought together financial intelligence units that...Read more of Combating the Financing of Terrorism - Workshop - Monaco - 9 and 10 April 2018
04 April 2018 Press release
Today, the Organisation for Economic Co-operation and Development's Global Forum on Transparency and Exchange of Information for Tax Purposes ("The Global Forum") published the ratings as...Read more of Monaco is Now "Compliant" with the OECD's International Standards
12 March 2018 News flash
A delegation from Monaco Telecom’s partner Huawei, led by CEO Europe Vincent Pang, is in the Principality to work on future collaboration, particularly in the context of Smart City development.The...Read more of Working meeting with Monaco Telecom and Huawei
16 February 2018 News flash
A conference on e-Estonia, which is setting the example in e-government and e-services, was held today at MonacoTech, attended by the Minister of Finance and Economy, the Minister of the Interior,...Read more of e-Estonia on agenda at conference organised by Monaco Economic Board
- 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 .