Service d'Information et de Contrôle sur les Circuits Financiers (SICCFIN)

A part of the Department of Finance and Economic Affairs, Service d'Information et de Contrôle sur les Circuits Financiers (SICCFIN) is a specialist government unit responsible for finding, gathering, processing and circulating information about money laundering circuits. Its staff are commissioned and sworn government employees.

Since 1993, in particular, the Monegasque authorities have been exploring in depth methods to combat money laundering, and this task has been assigned to the SICCFIN. In parallel to the development of procedures to combat money laundering, since 2002 the system to combat terrorism and the financing of terrorism has been reinforced.