EU Adds Monaco to “High-Risk” Countries List for Money Laundering

Brussels – The European Commission has identified the Principality of Monaco as a “high risk” country, indicating concerns about its efforts in combating money laundering related to criminal activities and tax evasion.

This designation aligns with the “grey list” of the Financial Action Task Force (FATF), which has included Monaco since summer 2024. The FATF is the international body that evaluates countries’ efforts in the fight against money laundering.

In a statement released on Tuesday, the Monegasque government acknowledged this anticipated update, which may result in Monaco’s listing by the European Union, pending any objections from the European Parliament or the EU Council.

Members of the European Parliament and EU member states have a maximum of two months to contest this new listing.

The Principality reiterated its commitment to implementing measures to be removed from the FATF grey list. (June 10, 2025)


Comments

6 responses to “EU Adds Monaco to “High-Risk” Countries List for Money Laundering”

  1. Miss Murder Avatar
    Miss Murder

    Guess Monaco is just too busy counting their chips to worry about pesky things like money laundering! 🙄💸

  2. Seal Snake Avatar
    Seal Snake

    Just what we needed—Monaco officially on the “high-risk” list. I suppose their efforts at laundering have been about as effective as a chocolate teapot. 😏💸

  3. the shield toronto Avatar
    the shield toronto

    Guess Monaco finally got the memo that “high risk” isn’t just a fun game at the casino. 🤷‍♂️ Who knew dodging taxes came with a side of EU scrutiny?

  4. Renegade Slugger Avatar
    Renegade Slugger

    So, Monaco’s on the “high-risk” list now, eh? Must be tough for the posh folk there – guess they’ll have to start hiding their champagne funds under the yacht cushions instead. 🍾😏

  5. Houston Rocket Avatar
    Houston Rocket

    Ah, Monaco, the playground of the wealthy now officially on the “naughty list”—who knew a tax haven could be so… risky? 😂 Time to start taking notes from the EU on how to keep your hands clean while playing in the big leagues! 🏦✨

  6. devil bread Avatar
    devil bread

    Ah, the glittering jewel of Monaco, now officially on the “naughty list” for money laundering. Who knew that being a playground for the rich would come with such a thrilling side of bureaucracy? 😂💰

Leave a Reply

Your email address will not be published. Required fields are marked *

Last News

Earned Media vs. Paid Advertising: Which Enhances Brand Credibility More?

Earned Media vs. Paid Advertising: Which Enhances Brand Credibility More?

London, July 01, 2026 – Eurotoday Newspaper — earned media vs paid advertising continues to be a key discussion among marketing professionals as businesses evaluate the most effective ways to build long-term brand credibility. While paid advertising offers immediate visibility and audience targeting, earned media is widely viewed as a stronger indicator of public trust because it is generated th

Read More

From Visionary Solutions to Future Logistics: Introducing the 2026 EU Women Innovators

From Visionary Solutions to Future Logistics: Introducing the 2026 EU Women Innovators

Dr. Katerina Spranger almost lost her sight as a child due to an accident that required emergency surgery.
“I was fortunate,” she said, recalling how precision in surgery saved her sight, while another girl who had the same operation was not as lucky and went blind.
This memory resurfaced when Spranger received the €100,000 top prize at the 2026 EU Prize for Women Innovators, honoring her role

Read More

Retailleau, French Presidential Candidate, Claims Election Date Benefits the Left

Retailleau, French Presidential Candidate, Claims Election Date Benefits the Left

Retailleau stated to French broadcaster CNEWS that the decision is not neutral and deemed it abnormal from a democratic perspective. He suggested that May Day festivities, typically marked by union demonstrations, would benefit the left, especially if protests became violent. The 2025 demonstrations led to 15 arrests and 72 detentions during clashes with police.
Retailleau noted the tensions and p

Read More

Turkey Affirms US Commitment to NATO Amid Evolving Security Landscape

Turkey Affirms US Commitment to NATO Amid Evolving Security Landscape

Sarhan Basem is Eurotoday’s Senior Correspondent to the European Parliament. With a Bachelor’s degree in English Literature, Sarhan brings a unique blend of linguistic finesse and analytical prowess to his reporting. Specializing in foreign affairs, human rights, civil liberties, and security issues, he delves deep into the intricacies of global politics to provide insightful comment

Read More

CSG Advances Into the Next Phase of Global Growth: Strengthening

CSG Advances Into the Next Phase of Global Growth: Strengthening

Press ReleaseThis article is based on a press release or official communication from Wire News Service. The European Times republishes it as a public service.

Previously Czech and Slovak, CSG now attracts talent from top defence companies like Rheinmetall, Northrop Grumman, Raytheon, BAE Systems, General Dynamics, and Kongsberg. Foreign acquisitions, rapid growth, and a stock market listing ha

Read More

Why Team Burnham is Already Furious

Why Team Burnham is Already Furious

The Burnham team has been strongly provoked by the defence investment plan upon discovering that £4.7bn of it remains unfunded.
This marks the first instance of intense frustration during the transition.
Sam Coates and Anne McElvoy reveal that the funding gap is even larger than initially believed.
Additionally, could a former Conservative mayor be considered for the role of chairing Great Britis

Read More

Countries Urgently Request UN Debate on Sudan’s al-Obeid Amid Humanitarian Crisis

Countries Urgently Request UN Debate on Sudan’s al-Obeid Amid Humanitarian Crisis

New York, June 30, 2026 – Eurotoday Newspaper — Sudan humanitarian crisis has become the focus of renewed diplomatic attention after several countries requested an urgent United Nations debate on the situation in Sudan’s al-Obeid. The request follows reports of intensified fighting in and around the city, raising concerns over civilian safety and the delivery of humanitarian assistance. Diplomat

Read More

EU Steel Protection Enacted

EU Steel Protection Enacted

The European Union will implement a new steel import regime starting July 1st, aiming to protect the strategic steel industry from global overcapacity by cutting tariff-free access and doubling duties above quotas. This move provides stronger trade protection for steelmakers but raises concerns for manufacturers, importers, and European partners whose supply chains rely on stable EU market access

Read More

Solidarity and Solutions Across the Americas

Solidarity and Solutions Across the Americas

Sponsor-generated content is created or curated by advertisers and is featured on POLITICO, alongside POLITICO’s editorial content. This content is labeled as ‘sponsor-generated content’ wherever it appears on the website. POLITICO’s editorial team does not participate in the creation of this content.

More information

Read More

UK New Home Prices Scrutinized as Housebuilders Face Potential Lawsuit

UK New Home Prices Scrutinized as Housebuilders Face Potential Lawsuit

London, June 30, 2026 – Eurotoday Newspaper — New home prices UK are back in focus after several major housebuilders were reported to be facing a potential collective lawsuit over alleged anti-competitive conduct. The proposed legal action follows concerns that competition within the new-build housing market may have been restricted, potentially affecting homebuyers across the country. The alleg

Read More