The Commission de Contrôle des Activités Financières (Financial Activities Supervisory Commission) pronounced, on February 12, 2026, a sanction against Tavira Monaco SAM.

• Petition for a Stay of Execution filed by Tavira Monaco SAM before the Supreme Court of Monaco against the decision of 12 February 2026 of the Commission de Contrôle des Activités Financières withdrawing Authorisation No. SAF 2009-04 dated 2 June 2009:
  • By Order dated 21 May 2026 (Case No. TS2026/16SAE), the President of the Supreme Court of Monaco suspended the execution of the decision of 12 February 2026.
• Petition for Annulment filed by Tavira Monaco SAM before the Supreme Court of Monaco against the decision of 12 February 2026 of the Commission de Contrôle des Activités Financières withdrawing Authorisation No. SAF 2009-04 dated 2 June 2009:
  • The case is currently pending.

Sanction decision Tavira Monaco SAM (french version)