Banking & Finance Monégasque lawyers

Monaco not only has a unique status among the community of nations but is also home to a banking and financial platform unlike any other.

With some thirty banks and fifty financial management companies in little more than two square kilometres, Monaco has built its internationally renowned banking and financial market on the three pillars of competency, stability and confidentiality. As a unique market, it is also regulated by a unique set of standards and rules. 

Monegasque banking and finance law is a composite system stemming from legislation passed not just in Monaco but also in France and Europe. Monaco has signed various conventions with France and the European Union, meaning that there is a constantly evolving body of law that applies in the Principality. 

With ten years’ experience in this area, we support clients who are now operating in an increasingly regulated context and under greater pressure from regulators. Disputes relating to civil and criminal banking liability have become one of our key areas of expertise. Banks can be obliged to implement or submit to a whole range of procedures, from provisional and protective measures to debt restructuring, debt collection, calling on guarantees or enforcement actions. 

We regularly represent banks before the courts of Monaco to defend their interests if their liability is invoked as a result of a custodial agreement, management contract or any other asset management agreement. Banks in the Principality have an international clientele, which can impact their situation when it comes to third party liability. Freezing a bank account on civil or criminal grounds can raise a whole series of issues that our team is skilled in settling.

We are regularly involved in reviewing and adapting the contractual documents that banks and other operators issue to their clients or partners, to ensure that they comply with Monegasque law.

Monaco's banking sector has undergone consolidation and we have developed bespoke solutions for clients acquiring a bank or financial institution or selling off all or part of their business.
Lastly, our team frequently advises overseas banks and financial management companies seeking to set up subsidiaries or branches in Monaco. 

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Olivier Marquet
Olivier Marquet
Avocat Associé | Managing Partner
Monaco
Olivier Marquet is the firm’s Managing Partner and the head of the Banking & Finance team.His expertise spans all types of regulatory issues, financial products and transactions, including for instance...
David Bosco
David Bosco
Consultant
Monaco
David Bosco is a Counsultant for the firm.He acts as a consultant in all matters relating to commercial, banking and financial law in Monaco. His expertise in business law is well known in France, Europe...
The picture of Anne Fleur Grillot
Anne-Fleur Wagler
Senior Associate
Monaco
Anne-Fleur Wagler is a Senior Associate within the Banking & Finance team.With four years’ experience at the Monaco Data Protection Authority (CCIN), Anne-Fleur advises and assists banks and financial...
The picture of Michael Dearden
Michaël Dearden
Middle Associate
Monaco
Michael Dearden is a Middle Associate in the Banking & Finance team.His experience covers all the legal issues faced by Monegasque and foreign financial institutions (banks and asset management companies)...
The picture of Gautier Barat
Gautier Barat
Manager
Monaco
Gautier Barat is a Manager within the Banking & Finance team.He advises and assists financial institutions in all types of civil, commercial, criminal and cross-border litigation. Given his specific expertise...
The picture of Juliette Henry
Juliette Henry
Associate
Monaco
Juliette Henry is an Associate within the Banking & Finance team.She acts mostly in contentious matters assisting clients on banking law litigations. She has also developed an expertise on Monegasque...