Tyrus Capital is making moves. The biggest hedge fund to set up in London since the financial crisis hit: “Tyrus set to open Monaco office.” With $2.5 billion in managed funds, Tyrus isn’t the first hedge fund powerhouse to diversify operations outside of the UK due to tax and regulation concerns. “The principality is the Read more »
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One of London’s Biggest Hedge Funds Plans Move to Monaco
Posted on 22nd Jul 2011 331 comments
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Monaco Gives a Warm Welcome to Businesses in the 21st Century
Posted on 22nd Jul 2011 349 comments
“The Smart Choice for the 21st Century” explains how Monaco is playing an increasingly important role in world affairs and is prepared to serve as a vital nerve center in a rapidly changing global economy. A historical reputation for a high standard of living surrounds the exciting cultural center, but Monaco is also blossoming into Read more »
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International Monetary Fund Finds Monaco’s Financial Sector “Comprehensive” and “Well-Regulated”
Posted on 21st Jul 2011 353 comments
The IMF’s 2008 hefty report, “Monaco: Assessment of Financial Sector Supervision and Regulation,” has found: “The Principality of Monaco has taken important steps to further strengthen an already comprehensive legal framework, supervisory structure, and practices supporting a well regulated environment.” Merging previously separate supervising Commissions, establishing a Coordinating Committee and introducing elements of self-regulation are Read more »
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Representative Picco Expresses Support for the Millennium Development Goals
Posted on 21st Jul 2011 1,766 comments
Last September, H.E. Mrs. Isabelle Picco, Monaco’s representative to the U.N., spoke about renewed interest in the Millennium Development Goals. These goals were adopted by world leaders in, not coincidentally, 2000. The list defines eight essential global goals to strive for by 2015. Check them out here. H.E. Mrs. Picco applauded the international community’s recommitment Read more »
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Royal couple ready to begin a family and their life together
Posted on 20th Jul 2011 452 comments
During their first TV interview together with German television channel ZDF, Prince Albert and Princess Charlene were bubbly and excited to speak about their upcoming wedding in Monaco. The princess-bride spoke naturally and was very composed during the entire interview. Hello Magazine reported, “Monaco royal wedding: Couple ‘simply can’t wait to have a family.” “Of Read more »
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Young Iraqi Refugee Benefits from Landmark Agreement
Posted on 20th Jul 2011 473 comments
The United Nations in Syria reports, “Iraqi refugee youngster flown to Monaco from Syria for heart surgery.” The plight of innocent refugees such as this toddler is heartbreaking, but Monaco is stepping in to turn tragedy into hope. The accord between the UN Refugee Agency (UNHCR) and the Principality of Monaco which made the feat Read more »