This article reviews the regulatory regime for banks operating in Monaco, covering key legislation and the activities of the regulatory authorities, among other things.
An overview of anti-money laundering and other financial crime prevention provisions in Monaco with particular relevance to private banking and wealth management.
A brief overview of the confidentiality provisions applicable to private banking in Monaco, including primary obligations, scope and liability for breach.
A brief overview of legal and practical considerations surrounding private banking and wealth management contracts in Monaco, including mandatory provisions and liability standards.
A structured guide to the legal and practical considerations for private banking and wealth management in Monaco, including licensing requirements, reporting obligations and disputes.
An overview of the legal and regulatory regimes governing the ownership and acquisition of banks in Monaco, including required approvals, filing obligations and special considerations for foreign acquirers.
An overview of bank capital requirements in Monaco, including enforcement and the approach to undercapitalisation and insolvency.
A quick look at the essential elements of underwriting arrangements for securities offerings in Monaco, including common types, typical provisions and regulations.
An overview of the major considerations surrounding the private placement of securities in Monaco, including regulations, procedures and required investor information.
The European Court of Justice (ECJ) has decided (C-19317) that the Austrian legislation, according to which Protestant