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2013-02-27

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.

2013-article-ampaMr 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.

castelliniBy 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.

2012-MVCAThe 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.'

2012-12 Fonds-Garantie

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.

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Banque Populaire Côte d’Azur, represented by Dominique Guignard, Director of the Monegasque branch, together with the Chambre de Développement Economique and the insurer Gramaglia, organised a conference-debate on country risk on the 18th October, led by Nicolas de Buttet, Arbitrage Director at Coface.

2012-lancement-mff-small

On Tuesday, 18 September 2012,  Bernard Rousselot, President of the Commission for Promotion of the Financial Market of Monaco at the Monaco Association of Financial Activities (AMAF), Jean Castellini, member of the AMAF Board, Jean Dastakian, Secretary General of AMAF, and Laurence Genevet, Director General of EPI Communication, introduced the new website, dedicated to the dynamic and coordinated promotion of the Monaco Financial Market, ‘Monaco for Finance’ (www.mff.mc).

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The Monegasque company Société d’Exploitation et de Gestion des Entrepôts de Monaco (S.E.G.E.M) was created last summer in Fontvieille. Claude Valion, its President, has a very clear objective. He aims to promote Monaco’s art market.

BF 2011-2012 p56-enjeu smallA new ambition: “Monaco for Finance”

To show that it genuinely exists, Monaco’s financial market has to  be reactive and imaginative. Its promotion should be encouraged by the creation of a label.

BF 2011-2012 p66-richesse smallOn Thursday 9 June, under the high patronage of H.S.H. the Sovereign Prince, ACI Monaco will celebrate its 20th anniversary at the Hermitage Hotel. An opportunity for the Financial Markets Association to review these two eventful decades, marked by a series of high-level meetings and symposia and the training of future local financial experts.

BF 2011-2012 p30-gestioncol small

There are nine recognized collective management companies in the Principality, running 65 funds with €5.2 billion under management. A significant “plus” for Monaco’s financial market.