AGP Executive Report
Last update: an hour agoPublic Oversight: Monaco’s audit authority has launched a multilingual website giving residents and international audiences easier access to public-spending reports and audits. Sport and Regulation: A new law sets rules for shared facilities, paid coaches and sporting events, ahead of Monaco hosting the Games of the Small States of Europe next year. Aviation and Connectivity: At a Monaco industry conference, airline leaders warned that rising costs and regulation threaten regional routes; Ethiopian Airlines also signalled plans for a Central African airline partnership. Trade Links: MonacoUSA will introduce North American honorary consuls and their role in fostering trade, investment and business partnerships at a November gathering. Financial Sector: Monaco’s removal from the FATF grey list eases a key source of compliance pressure for its financial sector and supports its standing as a €190 billion wealth hub. Business Taxes: Monaco has cut penalties for business tax fraud while raising fines for late filings.
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