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Monaco office

Monaco

Monaco

The dynamic economy of Monaco, the wide diversity of activities, the presence of more than 140 nationalities, stability, security and quality of life make the Principality an exclusive and unique place for local and foreign investors.

Our firm was founded in 2009 and became a member of CMS in April 2017. Our team is now composed of more than 60 members, including six partners (Avocats Associés), over 40 associates, experts in Monegasque and international law, and a dedicated support team.

Our firm is well-known for its areas of expertise, each dedicated to a specific area of law: private international law, private clients, banking and finance, business law, real estate and construction, employment law, tax law and criminal law. We are regularly listed among the top law firms in Monaco by international directories such as Chambers Global and Legal 500.

We have several specialised and multilingual teams who have an extensive experience working with private clients, Monegasque and foreign companies, investors, banks and financial institutions.

In addition to our strong local roots, we have built an international practice and are able to assist our clients with all types of cross-border matters, while ensuring a consistent level of service and responsiveness.

Do not hesitate to contact us if you are looking for legal advice or representation in Monaco.

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Directions

The Monaco office is located in the Condamine district, about 45 minutes from Nice Airport and within a walking distance from the train station.

From the Nice Airport
  • Taxi – about 45 minutes
  • Helicopter – 10 minutes (regular flights every 15 minutes during day time)
By car
  • Highway A8, exit 56 : Monaco
By bus
  • Line 4 - bus stop Rue Louis Aureglia
Recommended parking
  • Parking des Agaves
  • Parking places in the building are available to our clients (on request)
From Monaco - Monte Carlo train station

Trains depart every 15-20 minutes from Nice Saint-Augustin train station (direct access from the airport) and they all stop in Monaco.

Our office is situated at approximately 5 minutes walk from the train station. The closest exit is the "Fontvieille / Le Rocher / La Condamine"

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Location

CMS Pasquier Ciulla & Marquet
Villa des Cigognes
17 rue Louis Aureglia
BP 450
98012 Monaco Cedex
Monaco

Feed

24/07/2024
Modernising the law of sociétés anonymes monégasques, a new horizon
On the 21st of June 2024, the Government introduced a draft bill n°1.094, which aims to modernise corporate law. It includes amendments to the legal framework for sociétés anonymes monégasques (S.A.M.)...
24/07/2024
Towards the modernisation of Monegasque corporate law
On the 21st of June 2024, the Government introduced a draft bill n°1.094, which aims to modernise corporate law. It introduces a number of measures designed to enhance the security and flexibility of...
23/07/2024
CMS International Disputes Digest – 2024 Summer Edition
Welcome to the Summer 2024 edition of the International Disputes Digest, our bi-annual publication exploring the latest trends and solutions to the challenges facing global business. Those challenges include the continuing war against Ukraine and in the Middle East, in addition to others such as climate change and Artificial Intelligence. In this edition, our experts in Brazil explain the impact of AI on resolving disputes and why robots will not replace arbitrators anytime soon. Separately, our colleagues in the Netherlands describe how Dutch litigation is leading the way in making both governments and companies accountable for policies resulting in climate damage, and how this litigious trend is defending biodiversity. The case of the Sultan of Sulu and how the passage of time in arbitration agreements might affect the integrity of an arbitration clause is the topic of analysis by our experts in Paris. We also consider the envisaged changes to the 7th edition of the SIAC Rules, a hot off the press analysis of the recently published 2024 IBA Guidelines on Conflict of Interest in International Arbitration, and our 2024 UK Banking Disputes Report, amongst other topics. We hope that you will enjoy reading these articles and please do contact the authors if you have queries in relation to them.
19/07/2024
The European Commission approves restructuring State aid of €1.3 billion...
In October 2020, the European Commission approved a recapitalisation measure of approximately €833 million, notified by Sweden and Denmark, in favour of SAS. This measure was adopted under the State...
19/07/2024
A healthy balance between novelty and sufficiency for a claimed therapeutic...
The question of novelty and sufficiency of second medical use claims in light of clinical trial prior art has been addressed by the EPO Boards of Appeal on a number of occasions. In recent decision T...
19/07/2024
Towards new forms of companies in the Principality of Monaco
On the 21st of June 2024, the Government introduced a draft bill n°1.094, which aims to modernise corporate law. It contains a number of major changes, including the introduction of two new types of...
19/07/2024
Preventing business difficulties: towards a Monegasque conciliation procedure
Draft bill n°1.094 on the modernisation of corporate law provides for the creation of a conciliation procedure for debtors engaged in commercial or craft activities who are experiencing legal, economic...
15/07/2024
CMS European Private Equity Study 2024
We are pleased to share with you the 2024 edition of the CMS European Private Equity Study, a comprehensive analysis of hundreds of private equity deals CMS advised on across Europe in 2023 and previous...
15/07/2024
British nationals residing in Monaco : Make the transfer of your local...
For English nationals residing in Monaco, drafting a will related to Monaco-located assets subject to Monegasque law may prove essential, as this process can fundamentally speed up the liquidation of...
12/07/2024
Energy and climate change: The most significant (marine) climate change...
Continuing the theme of a number of recent court judgment regarding state and party obligations concerning climate change issues, the International Tribunal for the Law of the Sea (“ITLOS”) has recently...
12/07/2024
EU’s AI Act published in Official Journal, transition periods now known
Following the adoption of the "Regulation laying down harmonised rules on Artificial Intelligence" (AI Act) by the European Parliament and the Council of the European Union, this act was published in...
11/07/2024
Looking ahead to the EU AI Act
On 12 July 2024, the "Regulation laying down harmonised rules on artificial intelligence" (the so-called AI Act) was published in the Official Journal of the European Union. After a long and complex journey that began in 2021 with the European Commission’s proposal of a draft AI Act, the regulation will now enter into 20 days after its publication, i.e. on August 2, 2024. As the world's first comprehensive law to regulate artificial intelligence, the AI Act aims to establish uniform requirements for the development and use of artificial intelligence in the European Union. With this adoption of the world’s most significant legislation on Artificial Intelligence, the EU is solidifying its position as a pioneer among global legislators. This initiative aims to establish and reinforce the EU’s role as a premier hub for AI while ensuring that AI development remains focused on human-centered and trustworthy principles. The AI Act aims to ensure that the marketing and use of AI systems and their outputs in the EU are consistent with fundamental rights under EU law, such as privacy, democracy, the rule of law and environmental sustainability. Adopting a dual approach, it outright prohibits AI systems deemed to pose unacceptable risks while imposing regulatory obligations on other AI systems and their outputs. The new regulation, which also aims to strike a fair balance between innovation and the protection of individuals, not only makes Europe a world leader in the regulation of this new technology, but also endeavours to create a legal framework that users of AI technologies will be able to comply with in order to make the most of this significant development opportunity. In this article we provide a first overview of the key points contained in the text of the AI Act that companies should be aware of in order to prepare for the implementing regulation.