Law No. 1.573 of 8 April 2025 on the modernisation of corporate law was published in the Journal de Monaco on 18 April 2025 (hereinafter the “Law”). It replaces, amends or repeals numerous provisions relating to corporate law and governance. It introduces a major new measure, namely a conciliation procedure (“procédure de conciliation”) in Monaco,…
DetailsLaw no. 1.569 of 12 December 2024 on internships in the workplace was published in the Journal de Monaco on 20 December 2024 (the “Law“). The Law imposes new requirements on organisations wishing to host higher education interns. Here are the main points to bear in mind: The Law sets an age limit for interns…
DetailsLaw no. 1.565 of 3 December 2024 on the protection of personal data was published in the Journal de Monaco on 13 December 2024 (the “Law”) and replaces Law no. 1.165 of 23 December 1993. This reform aims to modernise and strengthen the protection of personal data in the Principality, while bringing Monaco into line…
DetailsJuly 2024 Added to the “grey” list of the Financial Action Task Force (FATF) on June the 27th,2024, the Principality of Monaco, aware of the importance of a transparent and secure financial system, is committed to working closely with the relevant international organizations to combat money laundering and terrorism financing. Keen to perfect its administrative,…
DetailsFebruary 2024 The new Law No. 1.559 of 29 February 2024 adapting legislative provisions on the fight against money laundering, the financing of terrorism, and the proliferation of weapons of mass destruction was published in the Journal de Monaco on 1 March 2024 (hereinafter the “Law“). The Law is the fourth and final text of…
DetailsOctober 2023 Sovereign Order n°10.124 of September 21th 2023 amending Sovereign Order n°2.318 of August 3rd 2009 implementing the terms of the Law n°1.362 of August 3rd 2009, as amended, (the “Law”) was published on September 29th in the Journal de Monaco (the “Sovereign Order”). This is the second part of the regulatory texts expected…
DetailsSeptember 2023 Ordinance n° 10.117 of September 21st 2023 as amended by Ordinance n° 3.573 of May 11st 1966 implanting Law n° 797 of February 18th 1966 on civil companies, amended, was published on September 22nd 2023 in the “Journal de Monaco” (the “Ordinance”). The Ordinance, which came into force on September 25th 2023, amends…
DetailsSeptember 2023 Law n°1.550 of August 10th 2023 amending legislative provisions on the fight against money laundering, terrorism financing and the proliferation of weapons of mass destruction, has been published in the Journal on August 11th 2023 (the “Law“). This is the second text of the legislative reform the purpose of which is adapting Monegasque texts to the recommendations…
DetailsSeptember 2023 Law n°1.550 of August 10th 2023 amending provisions of the laws on the fight against money laundering, terrorism financing and the proliferation of weapons of mass destruction was published in the Journal de Monaco on August 11th 2023 (the “Law“). The purpose of the Law is to amend legislation, notably Law n°797 of…
DetailsAugust 2023 Law n°1.549 of July 6th 2023 amending provisions of the laws on the fight against money laundering, terrorism financing and the proliferation of weapons of mass destruction, was published on July 14th, 2023 in the Journal de Monaco (the “Law”). As preliminary remark, please note that various provisions are awaited to further implement the provisions of…
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