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…
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…
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…
