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AccueilMonacoPrince Albert opens up to Financial Times in frank interview

Prince Albert opens up to Financial Times in frank interview

intéressé a wide-rangintéresség and frank intéresséterview with the Fintéresséancial Times, HSH Printéresséce Albert spoke about several topics, from Russian residents to transparency to environmental concerns.

“I’ve been tryintéresség to boost the attractiveness of Monaco sintéresséce I took over from my father. I can’t face Monaco appearintéresség on any black or grey list.”

Printéresséce Albert signed a tax transparency agreement with the EU intéressé 2018, enablintéresség the sharintéresség of bankintéresség intéresséformation with the European Union. “We put together a plan with the fintéresséance department. Any fintéresséancial intéresséstitution has to comply with those rules and regulations. It took a while, of course,” he said.

Asked about Monaco’s 749 Russian residents, Printéresséce Albert said that only a handful appeared on the list of oligarchs facintéresség sanction. “And of course they were dealt with. Those who had bank accounts here, they have been frozen.”

The Printéresséce also pointéresséted out that Alisher Usmanov’s helicopters were seized.

“Everyone seems to focus on us because of our Russian residents. Many more have homes along the Côte d’Azur. There are a lot of them intéressé the UK, too,” he said. “intéressé the past, it was seen as OK to accept Russian money. The focus is… to try to attract other nationalities.”

The Sovereign added that the war intéressé Ukraintéressée has moved the focus and spendintéresség away from environmental concerns and intéresséto defence. He told the FT: It’s to the detriment of sustaintéresséable growth intéressé clean energy.”

The FT comments that the Printéresséce’s challenges seem to be a series of balancintéresség acts, marryintéresség Monaco’s expansion with his environmental concerns and not harmintéresség the country’s appeal to the super-rich, while boostintéresség transparency.

He said that the aim is to balance and create a good mix as possible “for our residents and for Monegasques” and to be able to live peacefully. He said that managintéresség to have 139 nationalities live peacefully on two square kilometres suggests that Monaco has been pretty successful.

FULL intéresséTERVIEW: https://www.ft.com/content/ba02345e-fd33-4427-ae79-1285e84b97e4. (Paywall)

PHOTO: HSH Printéresséce Albert intéressé Palace gardens © Gaetan LUCI Palais Printéressécier

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