Monaco’s financial community came together this week for the Principality’s first edition of the Cercles de l’AGEFI, a flagship event organised by French financial media group AGEFI…
Around 100 professionals from Monaco’s banking, wealth management, real estate and financial services sectors attended the conference, which focused on some of the most significant economic and regulatory challenges facing the industry.
The event was opened by Frédéric Cottalorda, Minister of Finance and Economy, who welcomed participants and underlined the importance of showcasing Monaco’s financial centre to a wider audience. He noted that the strong turnout reflected the appetite among professionals to exchange ideas, discuss current issues and hear expert analysis on developments shaping the sector.
Among the key topics was Monaco’s ongoing effort to secure removal from the Financial Action Task Force (FATF) grey list. Participants reviewed the progress made by both public authorities and private-sector institutions, while highlighting the need to maintain momentum in strengthening compliance and combating money laundering and terrorist financing.
Artificial intelligence also featured prominently in discussions. Speakers examined how AI is beginning to transform industries across the Principality, particularly financial services and real estate, and explored how Monaco can position itself as a centre of excellence for the integration of these technologies.
The conference provided a valuable forum for networking and debate, reinforcing Monaco’s ambition to remain a dynamic and competitive international financial centre in a rapidly evolving global environment.
Image: Stephane Danna