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MONACO LAW REVIEW | DECEMBER 2025 | SPECIAL REPORT
AML/CFT TRAINING: 600 TRAINING
PLACES MADE AVAILABLE AT THE IMFPJ
The IMFPJ further expands its specialised training off er. The modules cover
seizures, confi scations, judicial cooperation and convictions.
ESTABLISHMENT OF THE FINANCIAL
DIVISION OF THE GENERAL
PROSECUTOR’S OFFICE
In January 2024, a specialised unit is created to handle economic and
fi nancial cases.
MONEYVAL IV LAW ON TRUSTS
Law No. 1.559 of 29 February 2024 provides a more stringent framework for
trusts and similar structures. It strengthens transparency and benefi ciary-
identifi cation requirements.
ADOPTION OF AML/CFT PROCEDURES
BY THE BAR ASSOCIATION
In September 2024, the Bar Association adopts internal rules relating to
AML/CFT obligations. Lawyers now have clear procedures for reporting and
preventing risks.
ESTABLISHMENT OF THE PERMANENT
SECRETARIAT
Reporting to the Minister of State, the Permanent Secretariat supports
the work of the National AML/CFT Strategy Coordination and Monitoring
Committee.
2025
2024
AML/CFT TRAINING: 760 TRAINING PLACES
MADE AVAILABLE AT THE IMFPJ
The professionalisation of the criminal justice chain is strengthened on a large scale.
This training off er contributes directly to the positive results recognised by the FATF.
ESTABLISHMENT OF THE CRIMINAL ASSET
IDENTIFICATION GROUP (GIAC) WITHIN
THE POLICE DEPARTMENT
In January 2025, the GIAC becomes the unit dedicated to the early identifi cation
of criminal assets. It strengthens Monaco’s ability to act at an early stage on
criminal proceeds.
DEPARTMENT OF JUSTICE CIRCULAR
ON TARGETED MONEY-LAUNDERING
ENFORCEMENT
Published in January 2025, the circular sets out a clear criminal-justice policy,
specifi es seriousness criteria and encourages assertive public prosecution.
THE SGA HOSTS THE EUROPEAN FORUM OF
ASSET MANAGEMENT OFFICES
On 1–2 April 2025, the SGA brings together in Monaco twenty-fi ve European
services responsible for managing seized or confi scated assets.
STRENGTHENING OF THE FINANCIAL
DIVISION OF THE GENERAL PROSECUTOR’S
OFFICE
In September 2025, additional specialised prosecutors join the Financial Division
of the General Prosecutor’s Offi ce.
JUDICIAL RESERVE LAW
Law No. 1.581 of 14 November 2025 creates a pool of judicial offi cers who may be
called upon as reinforcements. It ensures the continuity of the public justice service
in periods of overload.
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