Publications

Ministerial Order no. 2023-680 of November 22, 2023, published in Monaco’s Journal de Monaco on December 01, 2023, updates the list of countries or territories whose anti-money laundering, anti-terrorist financing or anti-corruption measures are strategically deficient.

This publication amends Ministerial Order no. 2023-413 of July 7, 2023.

As a reminder, the obligations relating to ETHR are as follows:

• When a transaction involves a counterparty with links to an ETHR, a special examination report must be drawn up and kept (article 14 of the amended law n°1.362) ;
• When a business relationship or transaction involves an ETHR, enhanced due diligence measures must be put in place (cf. article 14-2 of law no. 1.362 as amended).

The list currently comprises 28 countries. 1 State has been added and 5 States have been deleted: