{"id":297441,"date":"2025-06-05T14:57:53","date_gmt":"2025-06-05T12:57:53","guid":{"rendered":"https:\/\/www.monaco-tribune.com\/2025\/06\/monaco-and-european-blacklist-pierre-andre-chiappori-denounces-extremist-journalism\/"},"modified":"2025-06-06T12:56:58","modified_gmt":"2025-06-06T10:56:58","slug":"monaco-and-european-blacklist-pierre-andre-chiappori-denounces-extremist-journalism","status":"publish","type":"post","link":"https:\/\/www.monaco-tribune.com\/en\/2025\/06\/monaco-and-european-blacklist-pierre-andre-chiappori-denounces-extremist-journalism\/","title":{"rendered":"Monaco and European &#8220;blacklist&#8221;: Pierre-Andr\u00e9 Chiappori denounces &#8220;extremist journalism&#8221;"},"content":{"rendered":"\n<p><strong>The Minister of Finance and the Economy, Pierre-Andr\u00e9 Chiappori, has strongly denied rumours of Monaco&#8217;s punitive inclusion on an alleged European &#8220;blacklist&#8221;, describing the allegations as <em>&#8220;surreal&#8221;<\/em> and denouncing an article that was <em>&#8220;written in a totally extremist tone.&#8221;<\/em><\/strong><\/p>\n\n<p>Speaking to professionals from the Association Mon\u00e9gasque des Activit\u00e9s Financi\u00e8res (AMAF &#8211; Monegasque Financial Activities Association), Pierre-Andr\u00e9 Chiappori took direct aim at the article that caused the controversy: <em>&#8220;Following an article published by a specialised media outlet and written in a totally extremist tone, which I don&#8217;t know whether to attribute to amateurism or an intention to cause damage,&#8221; <\/em>he stated bluntly.<\/p>\n\n<p>The Minister was particularly critical of the use of the term &#8220;blacklist&#8221;, which he considered to be <em>&#8220;completely misleading&#8221;.<\/em> In his view, the expression was used in <em>&#8220;confusion with the blacklist of countries that are not fiscally compliant&#8221;, <\/em>a mechanism that <em>&#8220;obviously has nothing to do with the FATF&#8221;.<\/em><\/p>\n\n<h2 class=\"wp-block-heading\" id=\"h-un-processus-quasi-automatique\">A \u201cquasi-automatic\u201d process<\/h2>\n\n<p>Pierre-Andr\u00e9 Chiappori was keen to point out the real mechanism behind this possible inclusion: <em>&#8220;The European list is updated regularly and quasi -utomatically to reflect changes in the so-called grey list, i.e. the list of countries under enhanced surveillance by the FATF.&#8221;<\/em><\/p>\n\n<p>The Minister stressed that <em>&#8220;any decision that might be taken by the European Union would be the automatic consequence of the FATF&#8217;s decision,&#8221; <\/em>adding that <em>&#8220;countries on the FATF grey list are systematically put on the European list, with the obvious exception of European Union member states.&#8221;<\/em><\/p>\n\n<h2 class=\"wp-block-heading\" id=\"h-une-reaction-epidermique-face-au-mauvais-journalisme\">A knee-jerk reaction to &#8216;bad journalism&#8221;<\/h2>\n\n<p>What surprised Pierre-Andr\u00e9 Chiappori the most was not so much the initial article, which he describes as<em>&#8220;an example of bad journalism&#8221;<\/em> in terms of <em>&#8220;the quality of the information, coupled with deliberate sensationalism&#8221;, <\/em>but rather the fact that it was picked up by respectable media outlets.<\/p>\n\n<p>&#8220;<em>What surprised me more was that a number of quality newspapers, in particular <\/em>Les Echos<em>, used the term &#8216;blacklist&#8217;, which is completely wrong,&#8221; <\/em>he said.<\/p>\n\n<figure class=\"wp-block-embed is-type-wp-embed is-provider-monaco-tribune wp-block-embed-monaco-tribune\">\r\n<div class=\"wp-block-embed__wrapper\"><a href=\"https:\/\/www.monaco-tribune.com\/en\/2024\/12\/anti-money-laundering-campaign-hailed-by-council-of-europe-removal-from-grey-list-in-sight-for-2026\/\">https:\/\/www.monaco-tribune.com\/2024\/12\/une-lutte-anti-blanchiment-saluee-par-le-conseil-de-leurope-pour-une-sortie-de-la-liste-grise-en-2026\/<\/a><\/div><\/figure>\n\n<h2 class=\"wp-block-heading\" id=\"h-optimisme-affiche-pour-l-avenir\">Optimism for the future<\/h2>\n\n<p>Despite the media storm, the Minister of Finance and the Economy remains confident as to the outlook for the Monegasque situation.\u00a0<em>&#8220;We hope that if we were to be included on the European list, our removal would also be automatic,&#8221; <\/em>he concluded, pointing out that Monaco has received favourable assessments, notably from the OECD, which considers the Principality to be a<em>  &#8220;very good student&#8221;.<\/em><\/p>\n\n<p>This clarification comes just a few days ahead of Emmanuel Macron&#8217;s State visit, at a time when Monaco is endeavouring to demonstrate its progress in the fight against money laundering.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Minister of Finance and the Economy, Pierre-Andr\u00e9 Chiappori, has strongly denied rumours of Monaco&#8217;s punitive inclusion on an alleged [&hellip;]<\/p>\n","protected":false},"author":78,"featured_media":297247,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1825,243,258],"tags":[2949],"post_sectags":[],"post_format":[2465],"class_list":["post-297441","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-editors-choice","category-news","category-public-life","tag-politics-en","format-in-brief"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.8 (Yoast SEO v27.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Monaco and 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