AGP Executive Report
Last update: 12 hours agoWealth Migration: Monaco’s British population has reached a record 3,100, nearly double the number a decade ago, according to a report highlighting the principality’s growing appeal to affluent residents and the debate over what their departure means for UK tax revenues. Financial Regulation: Monaco has been removed from the FATF’s grey list after an on-site review, a boost to the principality’s standing with international banks and investors. Business Taxes: A new law cuts penalties for business tax fraud while increasing fines for late filings, adjusting the costs of non-compliance for companies. Luxury Yachting: The BRABUS AB110, a 110-foot yacht unveiled at the Monaco Yacht Show, pairs Italian engineering with German styling and a top speed of 48 knots.
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