Archive for the 'Financial News' Category

Emergency Humanitarian aid for Kenya and Madagascar

Tuesday, April 29th, 2008

The Principality of Monaco has just released emergency aid for Kenya which is going through a serious political crisis and Sainte Marie Island, severely affected by Cyclone Ivan last February. (more…)

Corruption in Monaco assessment:Corruption: Monaco evaluated by the European Council

Wednesday, April 16th, 2008

The evaluators at Greco (Groupe d’Etats contre la Corruption) will be in Monaco on Thursday April 18th to examine any potential gaps that exist in the principality in the prevention of corruption. (more…)

Man from Monaco set to renew assault on HSBC management

Wednesday, April 9th, 2008

Rebel HSBC shareholder Eric Knight is set to step up his campaign against Europe’s biggest bank, despite what sources close to his company suggest was a cordial and helpful meeting between the two parties last week. (more…)

Man from Monaco set to renew assault on HSBC management

Wednesday, April 9th, 2008

Rebel HSBC shareholder Eric Knight is set to step up his campaign against Europe’s biggest bank, despite what sources close to his company suggest was a cordial and helpful meeting between the two parties last week. (more…)

Angela Merkel urges Monaco to be more transparent over taxes

Wednesday, April 9th, 2008

Angela Merkel, the German Chancellor, will urge Prince Albert of Monaco to boost transparency at his state’s secretive financial institutions when he visits Berlin next week. (more…)

Monaco vows to help German tax probe

Tuesday, April 8th, 2008

Germany on Wednesday said Monaco had pledged to improve co-operation with Berlin in fighting tax fraud, money laundering and ­corruption. (more…)

Monaco’s millionaires

Tuesday, April 8th, 2008

For Britons living in Monaco and commuting to work in the city of London this week, the drab weather – more Great Yarmouth than Côte d’Azur - could be a sign of things to come. Today’s budget is set to make life harder for the 2,000 millionaires who call the handkerchief-sized tax haven home

Taking shelter

Friday, April 4th, 2008

THE mention of tax havens conjures up pictures of mixing with royalty in Monaco, living under blue skies on creamy beaches in the Caribbean or interminable ski holidays on the romantic slopes of Switzerland. (more…)

Banking and Finance Professionals meeting in Monaco

Wednesday, March 19th, 2008

At the beginning of this week started the 2nd Banking and Finance Professionals meeting hold at the Meridien Beach Plaza. The purpose of this meeting was to offer to students the occasion to find out about the finance profession through exchanges with bankers executives and financials professionals. This meeting was organised (more…)

Monaco land extension hopes and fears. Robert Calcagno seeks to reassure after results of an opinion survey

Friday, April 6th, 2007

The Principality of Monaco’s plans to extend its territory out to sea by 12 hectares at Le Portier near the Grand Prix tunnel was bound to make waves. This week Robert Calcagno, advisor to the government on urban planning and the environment reported back on an opinion survey of 73 key figures in the Principality, and sought to allay fears that the government would not be able to manage such a big project. (more…)