BPL International Legal Advisors took part in the conference "HNWI Russian Clients - Transparency Issues and Automatic Exchange of Information" on 24 March 2016 in Le Méridien Beach Plaza, Monte-Carlo.
We spoke about reporting and compliance for Russian clients in Monaco, information that can be discovered on beneficial owners of Monaco companies, threats for Russians doing business or having assets in Monaco, extradition on the requests of Russian and other state authorities, assets forfeiture, automatic exchange of information and what changed in reporting since enhancing the control for Russian clients. We also commented on liability of financial organisations in Monaco.
Presentation from the conference can be found here.
For more information contact Sergey Matyunin by email smatyunin [at] bp-legal.com or by phone +377 97 77 31 47.