Signature of a New Anti-Money Laundering Protocol Blog Post
On July 5th, a protocol was signed between the AMAF (Monaco Association for Financial Activities) and the SICCFIN – the Monaco AML Agency – to reassess SICCFIN’s audit methods (“missions…
Substantial Changes in Monaco Anti-Money Laundering Regulations Blog Post
The long-awaited Ordinance implementing Law 1.403 on Anti-Money Laundering (“AML”) has been released on 29 April 2021. This Ordinance introduces certain substantial changes in Monaco AML framework and increases AML…
New Monaco AML-CFT law finally adopted Blog Post
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…
Preparing and performing yearly AML staff training Blog Post
We have continued to prepare and present AML training for the personnel of a major Swiss Private Bank in Monaco and its Asset Management Company. Our training consists of a summary…
