Monaco Adopts New Rules Against Money-laundering – Officials
July 24th, 2009
AFP
MONACO–Monaco’s luxury stores will have to run checks on the super-rich and casinos will face tougher inspections under new rules to fight money- laundering in the Riviera principality, officials said Friday.
The microstate, a playground for the rich and famous, adopted a law on money- laundering late Thursday as part of a drive to clean up its financial sector in line with international standards.
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