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The Egmont Group organised a training session on strategic analysis from 23 to 27 October 2017 in Kuala Lumpur, Malaysia.
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On 11 October, an event was held in Munich, Germany, to promote "Destination Monaco." This event was organised by Monaco Tourist and Convention Authority (DTC), and brought together more than a hundred tourism professionals from the Bavarian capital.
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Banks are currently facing a transformation unlike any their sector has ever seen. This phenomenon is rooted in the democratization of the internet, which occurred at the start of the 2000s and picked up pace in 2007 with the arrival of the first smartphone. The banking system needs to reinvent itself to integrate the new business paradigm which is emerging.
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On November 14th, the AMAF hosted the Minister of State who intervened on the theme "Monaco and Europe". He was accompanied by Mr Jean Castellini, Government Counselor-Minister of Finance and Economy, Mr Gilles Tonelli, Government Counselor-Minister of Foreign Affairs and Cooperation, and Mrs Isabelle Costa, Deputy Secretary General of the Government in charge of the Europe-Monaco Unit.
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On 4 May 2016, the Governing Council of the European Central Bank (ECB) decided to permanently end production of the 500 euro note - the denomination with the highest face value in the Eurozone. Issue of this denomination will be stopped in late 2018. On that date, the Eurozone central banks will cease putting 500 euro notes into circulation. The other denominations, from 5 euro to 200 euro, will remain.
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Jean-Pierre Petit, Chairman of the Green Economic & Financial Notebooks, previously held the position of Partner and Head of Economic Research and investment strategy of Exane-BNP Paribas. He has authored several books, including "La Bourse, rupture et renouveau", which won the Turgot Grand Prize in 2004 for the best book on financial economics. A journalist for BFM, LCI and TV5, he shared his views on Brexit last June, at the ACI Monaco's 25th anniversary (The Financial Market Association).
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He is the founder and CEO of Cogemat (industrial equipment provider), as well as heading up the EMT (Monaco construction company) and presiding over the FEDEM (Monaco business federation), which has 2,800 member companies. Philippe Ortelli talks about the future of Monaco and that of its economic growth and "how to leave a prosperous and strong state for the generations to come."
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GFG SAM - Groupe Financier de Gestion - has been based in Monaco for 6 years now. Its Chairman Stefano Zavaglia established his company in Monaco in 2010, following 10 years’ experience as Director of the Fixed Sales Department of Deutsche Bank in London.
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The founder of Knight Vinke Asset Management moved to Monaco fifteen years ago. Eric Knight describes himself as the manager of an activist fund, and he is that in every sense of the word.
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Magali Vercesi spent fourteen years in trading rooms as an dealer, and in risk control associated with the transactions handled there. Thirteen years ago, she joined the government’s Ministry of Finance to check within the law 11.94 framework all activities subject to approval: management, advice, order transmission. Then, after managing the Office des Émissions de Timbres-Poste for 5 years, in May she joined the Financial Activities Supervisory Commission (CCAF) as Secretary General.
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The international auditing and consulting firm PwC (PricewaterhouseCoopers) has chosen Monaco as one of the 157 countries where its network has permanent teams. We met Claude Palmero and Frank Vanhal, two of the firm’s partners.
