Bank Pictet & Cie (Europe) AG (Monaco)
Pictet group credit institution licensed in December 2019, distinct from the former Pictet & Cie (Monaco) SAM dissolved in 2020.
The Pictet group experienced a short-lived SAM in Monaco (2019–2020) and, in parallel, the licensing of Bank Pictet & Cie (Europe) AG as a credit institution. Memoria keeps these two lines separate to avoid confusion.
The CCAF classifies this establishment among credit institutions licensed in the Principality. Memoria recalls that the CCAF supervises their financial activities under law no. 1.338; banking operations fall under the French ACPR.
The facts are paraphrased; only the source is cited. A correction, a missing date? Write to Memoria.