The Principality of Monaco is about to modify its laws and regulations on digital economy, including provisions on electronic signature. On 25 April 2019, the Monaco Government introduced a draft…
Pursuant to recent Israeli financial law, Monegasque financial institutions offering financial services to Israeli based clients are now required to apply for a licence, should they wish to continue servicing…
Stormy weather did not keep us from enjoying successful times this year. With clouds still ahead, we are prepared and enthusiastic to help achieve further legal and transactional challenges. Best…
The CCAF which is the Monaco financial activities regulator has issued on its website a warning to the public concerning crypto currencies and initial coin offerings (ICOs). The CCAF reminds…
We prepared tailored training sessions for a major Monaco Private Bank to help the bank personnel to understand the new AML requirements and liabilities which entered into force recently in…
These past few years the Principality of Monaco reinforced significantly the security of its digital infrastructures. In 2018, Monaco is accelerating its turn towards digitalization with (i) the digital reorganisation…
We assisted an American new technology group by answering a multijurisdictional survey coordinated by a major American law firm on regulatory, public procurement and doing business rules applicable in Monaco….
The new Monaco AML-CFT law has been adopted and published. The law transposes the 4th UE directive on AML-CFT. It also addresses the issues raised by the Moneyval evaluation report…
Electronic signature is a technical process by which a person (the signatory) legally evidences his/her valid consent in electronic format. Monaco law introduced the principle of electronic signature in a…
We assisted several major Monaco banks, luxury groups and other distributors present in Monaco in their compliance process with EU GDPR which is applicable to some extent in Monaco, although…