AGP Executive Report
Last update: an hour agoBusiness Rules: Monaco has cut penalties for business tax fraud while raising fines for late filings, changing the cost of non-compliance for companies. Corporate Deal: Cinven has agreed to buy women’s-health company Theramex for about £2.2 billion. Founded in Monaco in 1954, the company has since grown into an international business. Financial Reputation: Monaco’s removal from the FATF grey list is a boost for the principality’s standing as a financial centre, though it has pledged to continue reforms.
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