Digital banking and finance

Over the last decade we have witnessed an explosion in online banking and financial activities combined with a rapid growth of digital products and services.

This has resulted in major response by the financial regulators and the introduction of key pieces of legislation.

The Principality of Monaco has acted swiftly and pragmatically, adopting various laws affecting digital banking and financial activities to comply with international standards.

Our expertise covers the following:

• Assisting financial institutions with implementing e-signature technology compliant with Monegasque regulations
• Advising financial institutions on compliance with Monegasque personal data protection regulations
• Assisting clients in setting up cybersecurity systems and strengthening digital operational resilience
• Reviewing agreements with information and communication technology service providers
• Advising financial institutions on Monegasque regulations applicable to digital and crypto assets