About National freezing measures list

Welcome to the website about the asset freezing measures which apply in the Principality of Monaco

The Principality of Monaco, as a UN member, is committed to implementing United Nations Security Council Resolutions (UNSCRs). The Principality of Monaco is implementing not only the UNSCRs related to the suppression and combating of terrorism, terrorist financing & countering the financing of proliferation of weapons of mass destruction but also the economic sanctions decreed by the European Union and France.

In accordance with the provisions of the Sovereign Ordinance no. 8.664 of 26 May 2021 governing the procedures for freezing funds and economic resources, freezing measures are decided in Monaco by the Minister of State and adopted by Ministerial Decision which shall be implemented without delay as from their publication on the Government’s dedicated website. 

The Budget and Treasury Department  is in charge of updating the National List of all individuals and entities subject to freezing measures in Monaco and is also the point of contact for any targeted financial sanction-related queries from financial institutions, designated non-financial businesses and professions, public authorities and the general public.

National freezing measures list

The Sovereign Ordinance no. 8.664 of 26 May 2021 stipulates the introduction of a national list featuring all individuals, legal persons, entities and organisations who are subject to the freezing of their funds and economic resources in the Principality.
This consolidated list is held by the Budget and Treasury Department, which updates it every time a ministerial decision is published which adds, removes or amends an entry.
The National List conforms to the lists drawn up by the United Nations, the European Union and France, and includes designations made by the Minister of State on the basis of United Nations Security Council Resolution 1373 (2001).
Only decisions by the Minister of State on the freezing of funds and economic resources shall be considered authoritative, the National List is published for information purposes only.