Articles
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It seems a long period, however it is very short. On 1 February 2014, all Monaco businesses, whatever their size or activity, will need to have taken into account the impact of migration to the new European means of payment in their payment, invoicing and customer debit systems.
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On 24 April 2013, AMAF (Monaco Association of Financial Activities) joined the UBF by signing the organisation’s charter. This Union now gathers together – beyond the French Banking Federation (FBF) – around twenty associations and groups ...
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A first in Monaco: staged on 11 April, The Edge event gave young international entrepreneurs the opportunity to meet internationally-renowned patrons who came to share their experiences.
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Approved by the Financial Activities Control Commission five years ago, the trust company G&G continues its development. Giancarlo Giordano, chairman and managing director, is fully satisfied with his establishment in Monaco.
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In 2000, Patrick Churchill and his associate, Justin Hilbert, both of whom are Anglo-Saxon, set up an investment consulting firm in Bermuda: global strategic consulting, expertise and brokerage of hedge funds, trading, corporate banking, private equity… a broad spectrum of activity. Their main market is then the European market, and they seriously consider whether to move their headquarters to London.
Can the world financial system be reformed?- Details
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Established in Switzerland in 2004, Aurelys transferred its headquarters to Monaco in 2012. As a new member of the Monaco Association of Financial Activities (AMAF), on 6 March 2013 the company organised a conference at the Hotel Hermitage – in the presence of Mr. Etienne FRANZI, AMAF President, and Mr. Bernard ROUSSELOT, Chairman of the AMAF Commission in charge of promotion of the Monaco financial centre - in order to present its organisation, strategy and activities.
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In partnership with Cabinet Gordon Blair & Cie and Monaco for Finance, the Monaco Economic Development Chamber organised a breakfast event at the Baur au Lac Hotel in Zurich on 28 February.
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The financial centre will grow all the better for having the required skills in Monaco.
Dr. Grégory Moscato, Lecturer at the International University of Monaco and Director of the Master of Science in Finance.
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Monaco: a financial centre in the heart of Europe, on the shores of the Mediterranean.
Interview with Jean Castellini, Government Advisor for Finance and Economics.
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For the first AMAF luncheon conference of 2013, the President, Mr. Etienne Franzi, invited Mrs. Danièle Nouy, Secretary General of the Prudential Control Authority (ACP), to address an audience of more than one hundred AMAF members, accountants and insurers on the theme The Evolution of Banking Regulation and Supervision.
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Mr Leggat-Smith, president of the Monaco Association for Professionals in the Administration of Foreign Structures, confirms that the organisation has forty members and was created in 2004, although its foundations were laid in the 1990s, when the government of Monaco wished to establish a link with what are generally known as Corporate Service Providers.
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The financial statements of a firm or a group are a major part of its financial communication. But, the rules determining the presentation of these financial statements may vary whether they are international (International Financial Reporting Standards – IFRS) or local (e.g. US GAAP, French norms, UK GAAP etc…). Though, we could identify a global use of the IFRS in most of the industrialized and emerging countries, what about Monaco, a major financial platform, where accounting rules are not well known?
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By order Ruler published on December 21st 2012, H.S.H. Prince Albert II appointed Jean Castellini at the post of Minister of Finance and Economy. Jean Castellini thus succeeded Marco Piccinini on December 26th 2012.
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The Monaco Private Equity and Venture Capital Association has existed for six years. Its president, Zsolt Lavotha, explains its objectives.
'Our organisation, MVCA, aims to attract new investors to Monaco. At the same time, it strives to promote a category of assets which has long existed and which is now becoming more popular: private equity.'
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This Monday 3 December Etienne Franzi, Chairman of the Monegasque Association of Financial Activities, and Isabelle Rusabrunetto, Director of the Budget and Treasury Department, signed the second amendment to the agreement constituting the Monegasque Credit Guarantee Fund.
