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Monaco issues ministerial decision updating international sanctions regime

Monaco amended its sanctions annex in a decision dated July 13, renewing one national asset-freeze listing for six months and removing another individual from the 2021 sanctions decision.

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MONACO, July 13, 2026 — Monaco’s minister of state has issued Decision No. 2026-75, amending the principality’s 2021 decision governing the application of international economic sanctions and updating the annex attached to that regime. The measure was signed in Monaco at the Government Hotel on July 13, 2026, by Minister of State Christophe Mirmand.

The decision says the annex to Decision No. 2021-1 of June 4, 2021, is modified in line with an annex to the new ministerial decision. The text provided does not include the updated annex itself, so the specific names, entities or measures added, removed or changed are not visible in this document.

The legal basis cited in the decision ties Monaco’s sanctions framework to the U.N. Charter, counterterrorism financing obligations, its monetary arrangements with the European Union, banking arrangements with France, and Monaco’s domestic anti-money laundering, counterterrorism financing and anti-corruption law. It also references Sovereign Ordinance No. 8.664 of May 26, 2021, which covers procedures for freezing funds and economic resources under international economic sanctions.

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