AGP Executive Report
Last update: 5 minutes agoLuxury Marine: BRABUS and AB Yachts have unveiled the 110-foot AB110, first shown at the Monaco Yacht Show; the high-performance yacht reaches 48 knots. Financial Integrity: Monaco has been removed from the FATF grey list after an on-site review, improving its standing in the global fight against money laundering. The FATF is also launching a targeted review of virtual-asset rules. Public Oversight: Monaco’s public auditor has launched a multilingual website giving residents and international observers easier access to reports on public spending. Business Compliance: Monaco has cut penalties for business tax fraud while raising late-filing fines. A separate explainer notes the Principality is not a customs third country, a distinction relevant to cross-border trade.
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