On 12–13 May 2026, Monaco’s National Council advanced Proposition de loi n°278, introducing a new “bail d’activité commerciale” (commercial activity lease). The proposal aims to modernise Monaco’s commercial leasing framework…
New Measures Reinforcing AML/CFT Supervision On 20 March 2026, Monaco published three regulatory texts in the Journal de Monaco, reinforcing its anti-money laundering and counter-terrorist financing (AML/CFT) framework. These measures…
Ministerial Order No. 2026-72 Following Ministerial Order No. 2026‑72 of 18 February 2026, Monaco updated the list of States and territories considered to present strategic deficiencies in anti-money laundering and…
On 3 March 2026 the European Commission adopted Decision (EU) 2026/477, replacing Annex A to the Monetary Agreement between the European Union and the Principality of Monaco. The Decision (published…
Monaco AML Fine AMSF: €800,000 Sanction Highlights Compliance Risks On 8 January 2026 Monaco’s AML authority/IFU, the Autorité Monégasque de Sécurité Financière (AMSF), imposed an administrative fine of €800,000 on…
Mutual termination of employment contracts under Monaco labour law The Monaco mutual termination employment contract is a major new feature of Monegasque labour law introduced by Law No. 1.583 of…
On 10 September 2025, Sovereign Ordinance No. 11.478 amended Article 2 of Sovereign Ordinance No. 2.271 of 6 July 2009 concerning the determination of usury thresholds in Monaco. The updated…
The Monaco Yacht Show increasingly highlights the environmental pressures facing the yachting industry. Concerns include carbon emissions, fuel consumption, noise, disruption of marine ecosystems, and waste. In response, sustainability initiatives…
Have you heard about Bill No. 1094 on the modernization of corporate law? Currently awaiting review by the Commission, this bill incorporates many concepts and possibilities from neighboring countries with…
Following its evaluation process started in 2021, Monaco has been placed under reinforced scrutiny by the FATF which however acknowledged the significant progress and improvements made by the Principality of…
