Monaco names new finance minister after money laundering rebuke

  • 📰 brieflyza
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 68%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Monaco on Friday named a new finance and economy minister, following a rebuke from the Council of Europe earlier this year over shortcomings in the principality's anti-money laundering efforts.

community told AFP that Castellini"is paying the price for his inaction or ineffectiveness in the Moneyval affair", which had"created confusion and doubts on the international scene".

Monaco's National Council legislative assembly had already passed several laws in late 2022 in areas including international judicial cooperation and seizures of the proceeds of crime.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 10. in CA

Canada Canada Latest News, Canada Canada Headlines