AGP Executive Report
Last update: 7 hours agoHospitality: Monaco’s new pay floors took effect on 1 November, lifting the lowest hourly rate to €12.44. Unions are still campaigning for a general minimum wage of €2,680 a month. Financial Services: After leaving the FATF grey list, Monaco says financial crime reforms will continue, with a regulatory review, a national statistics database and a third risk assessment in progress. Sports Business: Sportel 2026 drew 1,962 participants, with organisers announcing a Toronto expansion as the sports-media market looks to new audiences and investment. Running Industry: Monaco-headquartered World Athletics has launched a department for road, marathon, cross-country and trail events, with a remit to develop partnerships in technology and data. Yachting: A Monaco forum put seafarers’ rights in focus, highlighting labour issues across a sector valued at €54 billion.
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