Changes to the international regulatory environment: an opportunity to review and simplify your asset structure
For many years, organising your assets to your advantage often meant a complex legal structure. An “offshore company” is an iconic example of the instruments which banks and asset managers have become familiar with over the last few decades.
Law 214: an original and effective inheritance system
Like many so-called “civil law” countries, the Principality of Monaco applies forced heirship rules. These can be difficult for foreign residents to understand, particularly those from the English-speaking world who have complete freedom over how they dispose of their estates.
The contractual confidentiality clause in Monaco
In a regulatory context where the notion of secrecy is increasingly difficult to define and protect, it is important to underline that the best way to protect it is to enforce a confidentiality clause, one of the basic provisions of a contract.