{"id":12798,"date":"2025-06-16T15:41:38","date_gmt":"2025-06-16T12:41:38","guid":{"rendered":"https:\/\/gls-law.company\/?p=12798"},"modified":"2025-06-16T15:41:40","modified_gmt":"2025-06-16T12:41:40","slug":"monaco-on-the-eu-s-blacklist-how-this-affects-investors-and-businesses","status":"publish","type":"post","link":"https:\/\/gls-law.company\/en\/monaco-on-the-eu-s-blacklist-how-this-affects-investors-and-businesses\/","title":{"rendered":"Monaco on the EU\u2019s \u201cblacklist\u201d: How this affects investors and businesses"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">On June 10, 2025, the European Commission officially added Monaco to the list of jurisdictions with significant deficiencies in anti-money laundering (AML) and counter-terrorism financing (CFT). This move sent a strong signal to EU banks and companies \u2014 all transactions related to Monaco will now undergo enhanced financial scrutiny.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>What happened?<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The European regulator published an updated list of high-risk AML\/CFT jurisdictions. For the first time, Monaco \u2014 traditionally considered a \u201cprestigious haven\u201d for capital \u2014 was added to this list.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The reasons for inclusion include:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>a low level of oversight over offshore structures;<\/li>\n\n\n\n<li>lack of transparency in beneficial ownership;<\/li>\n\n\n\n<li>slow implementation of FATF standards (Financial Action Task Force).<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">This decision has cast doubt on the financial reputation of the principality, which had long been positioned as a stable location for capital preservation.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>How will this affect company owners and investors?<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\ud83d\udd38 Transfers to\/from Monaco will now be subject to stricter monitoring by EU banks.<br>\ud83d\udd38 Registering new companies linked to Monaco will become more difficult \u2014 compliance checks will be more rigorous.<br>\ud83d\udd38 Existing structures may face account opening refusals, changes in servicing conditions, or even account closures.<br>\ud83d\udd38 Investors may lose trust in Monaco as a low-regulatory-risk jurisdiction, especially in the private banking sector.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Should company owners with Monaco ties be concerned?<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Currently, no harsh sanctions are in place, but the reputational risk has significantly increased. If your structure is linked to Monaco in any way, it is advisable to:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>review your beneficial ownership structure;<\/li>\n\n\n\n<li>assess how your jurisdiction is viewed by European banks;<\/li>\n\n\n\n<li>consider relocating operational activities or registration to jurisdictions not under increased scrutiny, if needed.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Alternatives to Monaco: Where to store capital in 2025?<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">GLS Law&#8217;s legal team helps clients safely and efficiently structure and place their assets:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>in Estonia, the UK, and Cyprus \u2014 for IT, service, and venture businesses;<\/li>\n\n\n\n<li>in Switzerland or the UAE \u2014 for private banking and family office needs;<\/li>\n\n\n\n<li>via funds, trusts, or investment companies \u2014 for long-term capital management.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">\ud83d\udce9 Need an assessment of your situation?<br>Leave a request for a consultation \u2014 we\u2019ll help you design a secure asset structuring strategy.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On June 10, 2025, the European Commission officially added Monaco to the list of jurisdictions with significant deficiencies in anti-money laundering (AML) and counter-terrorism financing (CFT). This move sent a strong signal to EU banks and companies \u2014 all transactions related to Monaco will now undergo enhanced financial scrutiny. What happened? The European regulator published [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":12788,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[235],"tags":[],"class_list":["post-12798","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-company-registration"],"_links":{"self":[{"href":"https:\/\/gls-law.company\/en\/wp-json\/wp\/v2\/posts\/12798","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gls-law.company\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gls-law.company\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gls-law.company\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/gls-law.company\/en\/wp-json\/wp\/v2\/comments?post=12798"}],"version-history":[{"count":1,"href":"https:\/\/gls-law.company\/en\/wp-json\/wp\/v2\/posts\/12798\/revisions"}],"predecessor-version":[{"id":12799,"href":"https:\/\/gls-law.company\/en\/wp-json\/wp\/v2\/posts\/12798\/revisions\/12799"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gls-law.company\/en\/wp-json\/wp\/v2\/media\/12788"}],"wp:attachment":[{"href":"https:\/\/gls-law.company\/en\/wp-json\/wp\/v2\/media?parent=12798"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gls-law.company\/en\/wp-json\/wp\/v2\/categories?post=12798"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gls-law.company\/en\/wp-json\/wp\/v2\/tags?post=12798"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}