- Law 1.355 of December 23, 2008, as amended, which governs associations and federations of associations in Monaco, introduced specific rules for the operation and establishment of associations, including requirements for establishing a registered office in Monaco and the activities of the association.
- Law No. 1.559 of February 29, 2024, concerning the adaptation of legislative provisions related to the fight against money laundering, the financing of terrorism, and the proliferation of weapons of mass destruction (Part IV).
- Sovereign Order No. 10.115 of September 14, 2023, implementing Law No. 1.355 of December 23, 2008, concerning associations and federations of associations, as amended.
International Requirements of the MONEYVAL Committee
Following amendments made in August 2023 to the laws governing associations and foundations to meet the international requirements of the MONEYVAL Committee, a conference was organized by the Princely Government on Wednesday, September 20, 2023, at the Rainier III Auditorium.
Presided over by the Minister of the Interior, this conference was aimed exclusively at associations, federations, and foundations based in the Principality. Its goal was to raise awareness among these groups about the new obligations they will now face, as well as the potential risks of money laundering and terrorism financing to which these entities may be exposed.
You can find all the information shared at the following link: Meeting Information for NPOs, September 20, 2023 and by downloading this document.