Compare licensing rules

Pick up to three states or countries to see their rules side by side.

	Monaco
Status	No specific licence
Regulator	Ministre d'État (Government of Monaco) – general authorisation to trade under Law 1.144
Who holds the licence	Individuals and agencies
Processing time	Admissibility notified within 5 working days; authorisation decided within 45 days of admissibility, extendable by up to 45 days for complex files (Law 1.144 Art. 5)

Reference information, not legal advice. Each profile lists its sources and the date it was checked.