Living in Monaco
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In the run-up to the festive season, CMB Monaco has decided to launch a vast operation to collect donations to support a Monegasque association dedicated to children. True to its values, Monaco's historic banking institution, which is concerned about the socially responsible dimension, especially at a time when the most vulnerable need support, sent an awareness letter to thousands of private and corporate contacts. It also mobilised all of its employees as part of an internal competition to donate a significant part of the costs associated with CMB Monaco's daily activities.
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The renewal of the partnership with the Oceanographic Institute of Monaco demonstrates CFM Indosuez Wealth Management's desire to strengthen its commitment to protecting the oceans. Within the framework of this partnership, the Oceanographic Institute will continue to provide CFM Indosuez with its expertise in terms of blue economy and blue finance, in connection with the major challenges facing the oceans. The bank's clients will benefit from dedicated conferences and private visits to the Oceanographic Museum, and its employees will be able to take part in the projects carried out by the Oceanographic Institute as part of solidarity days.
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In March 2021, the Government Councillor - Minister of Finance and the Economy, Mr Jean Castellini, launched the "Monaco Finance Durable" initiative. This was to echo a whole series of actions carried out in the Principality in terms of the environment and sustainable economy. This initiative was characterized on Wednesday by the first "Monaco Finance Durable" forum which took place at the Novotel, in the presence of entities and innovative companies from the Monegasque marketplace.
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The digital economy is growing rapidly in Monaco. Frédéric GENTA, the Country Chief Officer for Attractiveness and the Digital Transition, explains the link between digital technology and attractiveness to promote the Principality’s development…
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2021 will be remembered for the turbulence caused by COVID-19 and the increased efforts to safeguard Monaco’s economy. How did the banking sector respond? We hear from Etienne FRANZI, President of the Monaco Association for Financial Activities.
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Mr Jean CASTELLINI, Minister of Economy and Finance, offers a review of 2021 and the first quarter of 2022, covering the COVID crisis, the Expo in Dubai and the conflict between Russia and Ukraine, among other things... Monaco’s financial sector is holding up and striving determinedly to be a responsible industry.
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On 9th November last, the Monaco Association of Financial Activities (AMAF) launched the new annual edition of its magazine Monaco For Finance, a tool to promote the attractiveness of the financial centre.
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As part of the Extended Monaco programme, the Prince’s Government is continuing the digital transformation of its administrative services, with the aim of simplifying formalities for residents of the Principality and foreigners wishing to move to Monaco. The strategy for welcoming new residents is a key plank of the new policy adopted by the Prince’s Government to enhance the Principality’s attractiveness.
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During the 257th meeting of the AMAF Bureau on May 24, Mr. Etienne FRANZI, President of the AMAF, welcomed Mr. Frédéric GENTA, Interministerial Delegate for Attractiveness and Digital Transition.
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The Principality's attractiveness is an essential condition for its development. The challenge is to know how to meet the expectations of residents, investors, companies, employees and
and tourists. Thus, it concerns all the themes of government action.
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While Monaco has long-been an attractive financial centre, particularly for family capital, to hold onto this position requires it to evolve to become more sustainable.
