Monaco Faces Crucial Financial Crime Compliance Review at October FATF Meeting
Monaco’s progress on anti-money laundering and financial transparency reforms will face scrutiny at the Financial Action Task Force’s late-October plenary. International banking and legal professionals are watching whether the Principality has met the requirements to leave the regulatory grey list, a decision with important consequences for its financial services industry.
British Billionaires Hold More Than £77 Billion in Wealth While Residing in Monaco
British nationals living in Monaco control more than £77 billion in wealth identified by the Sunday Times Rich List, according to wealth migration specialists. Changes to the United Kingdom’s tax regime are encouraging more wealthy families to establish residency in the Principality, attracted by its tax environment and security.
Monaco’s Luxury Property Market Stabilises as Wealthy Buyers Focus on Long-Term Value
Monaco’s prime property market is showing more measured transaction activity after the post-pandemic surge, while valuations for the most exclusive homes remain resilient. Analysts say international buyers are increasingly favouring fully finished properties, long-term wealth preservation and the enduring scarcity of land in the Principality.
Monaco’s CMB Marks 50 Years With Plans to Expand International Private Banking
Compagnie Monégasque de Banque is marking its 50th anniversary with plans to strengthen its international wealth management business. Monaco’s locally founded banking institution aims to attract more family-office clients and private capital from the Middle East, Asia and Western Europe as international wealth migration continues.
Prince Albert II Calls for Stronger Mediterranean Climate and Maritime Cooperation
Monaco’s Prince Albert II joined regional leaders at the MED9 summit in Croatia, advocating greater scientific investment, stronger maritime security cooperation and coordinated action to protect Mediterranean ecosystems. The discussions reflect the Principality’s longstanding emphasis on ocean conservation and regional environmental partnerships.
Italian President Sergio Mattarella Concludes Monaco Visit Focused on Bilateral Ties
Italian President Sergio Mattarella has concluded an official visit to Monaco, meeting Prince Albert II and members of the Italian business community at the Hôtel Hermitage. The visit highlighted the economic, entrepreneurial and cultural contributions of Italian residents and sought to reinforce cooperation between Italy and the Principality.
Global Investment Leaders Gather in Monaco for Atlantic One Summits
Private bankers, institutional investors and sovereign wealth managers from Europe and the Americas are meeting at the Monte-Carlo Bay Hotel and Resort for the Atlantic One Investment Summits. Discussions are focusing on international investment strategies, alternative assets and the performance of luxury industries amid changing global financial conditions.
SPORTEL Monaco Prepares to Welcome International Sports Broadcasting and Technology Executives
Monaco is preparing to host SPORTEL at the Grimaldi Forum, bringing together sports media executives, technology companies and international sponsors. The convention will focus on sports broadcasting rights, commercial partnerships and emerging digital technologies shaping the global sports media industry.
Yacht Club de Monaco’s Tuiga Wins Classic Sailing Class at Les Voiles de Saint-Tropez
The historic cutter Tuiga, skippered by Yacht Club de Monaco Vice-President Pierre Casiraghi alongside experienced international sailors, has won its class at the 28th Les Voiles de Saint-Tropez regatta. The victory adds to the yacht’s competitive record and highlights Monaco’s longstanding involvement in international sailing.
Monaco’s Prince’s Palace Concludes Exhibition Celebrating Rainier III and Grace Kelly’s Wedding
The Prince’s Palace of Monaco is bringing to a close a special exhibition commemorating the 1956 wedding of Prince Rainier III and Grace Kelly. The display has celebrated a defining chapter in the Principality’s royal history and the couple’s enduring influence on Monaco’s international cultural identity.