Monaco-based CFM Indosuez Wealth Management has announced that it has sold a portion of its business within the principality to rival bank Compagnie Monégasque de Banque (CMB). The former says the move is in line with its ‘proactive approach to limit client relations to residents of countries participating in the Automatic Exchange of Information’.Read more
The French Digital Republic act, which came into force on 7
The main characteristics of the ‘deduction-at-source’ system have just been revealed and further details have come to such: this new reform will be included in the 2017 Finance Act. 
Compagnie Monégasque de Banque (CMB) has achieved its second triumph of the year. The European magazine, in collaboration with the Thomson Reuters Group, has honoured the private bank with the title of Best Customer Service Bank in Monaco at the 2016 The European Global Banking & Finance Awards. 
Lifestyle and cultural differences can be very different from one country to the next. The same applies to insurance between your home and host counties. No matter whether you have emigrated or are planning a long-term stay abroad, your existing insurance cover will usually not accompany you on the trip. Without consultation, having to find cover in a different country that can have very different policies to those that you are accustomed to can be virtually impossible.
Delta Air Lines, the only commercial aviation company to offer direct flights between the Côte d’Azur and New York, has reached its 25th anniversary of connections between Nice and North America. 
Compagnie Monégasque de Banque (CMB) has been voted the Best Private Bank in Monaco for 2016 by the Global Private Banking Awards. CEO of CMB Werner Peyer says, “We are particularly proud and delighted to have been granted this award. It is the fruit of our labour and our commitment to always put the value of our clients first.”
After a scandal-filled few years, HSBC is closing its Monegasque office and withdrawing from the Principality of Monaco, following similar departures by Crédit Suisse and Lloyds. CFM Indosuez Wealth Management will fill the gap, with HSBC transferring the majority of its private banking business to its competitor.
Monaco banking giant CFM Indosuez Wealth Management has been chosen by the Chambre Immobilière de Monaco as the provider of financial banking security for their members. The agreement, which was signed in early September, has set down an unprecedented structure of financial security for affiliated real estate agents in the principality during the period that they hold funds and securities for their clients. The scheme covers all operations in which agents are performing transactions on property and business assets as well as those related to real estate management, administrative activities pertaining to properties and also property management companies. 
In an exciting cultural and historic decision, the Houses of Louis Vuitton and Christian Dior are returning to the perfumed foothills of Grasse. The town, known globally as the ‘cradle of perfume’ for its revolutionary development of the art between the 16th and 20th centuries, will not only benefit hugely in economic terms, but the move also places the region firmly back on the map as the beating heart of haute parfumerie.