{"id":280884,"date":"2026-01-08T09:42:01","date_gmt":"2026-01-08T08:42:01","guid":{"rendered":"https:\/\/brpsa.com\/?p=280884"},"modified":"2026-01-08T09:42:07","modified_gmt":"2026-01-08T08:42:07","slug":"new-caledonia-out-of-monaco-cm-pb","status":"publish","type":"post","link":"https:\/\/brpsa.com\/new-caledonia-out-of-monaco-cm-pb\/","title":{"rendered":"New Caledonia out of Monaco – CM PB"},"content":{"rendered":"\n

Country Manual Private Banking<\/a><\/mark><\/strong><\/h2>\n\n\n\n

New Caledonia out of Monaco<\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/mark><\/strong><\/h2>\n\n\n\n

<\/p>\n\n\n\n

<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n
<\/div>\n\n\n\n

out of Bank’s Country of Establishment (Def, RS, BT & RT)<\/strong><\/p>\n\n\n\n

<\/div>\n\n\n\n
Source of changes<\/th>Answers<\/th><\/tr><\/thead>
Law \/ Regulation<\/td>No<\/mark><\/strong><\/td><\/tr>
New Position of the Authorities<\/td>No<\/mark><\/strong><\/td><\/tr>
Evolution of Expert’s Interpretation<\/td>No<\/mark><\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

<\/p>\n\n\n\n

<\/div>\n\n\n\n

Regulatory Template, Regulatory Summary and Behaviour Template<\/strong><\/p>\n\n\n\n

<\/p>\n\n\n\n

Material changes<\/mark><\/strong><\/p>\n\n\n\n

The documents have been reviewed, and we can confirm that there have been no relevant regulatory developments implying material changes since the last update of this Country Manual.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Non-material changes<\/mark><\/strong><\/p>\n\n\n\n

To reflect the strict approach of the authorities with regard to reverse solicitation, in particular for contacts taking place on the New Caledonian territory, investment-related prospecting activities with Qualified prospects are now a grey zone.<\/p>\n\n\n\n

In the Behaviour Template, the condition \u201con an occasional basis\u201d has been added to socialising activities in New Caledonia, to remind foreign banks that any kind of activity taking place on the New Caledonian territory could be considered a relevant element in application of the \u201cbundle of indicators\u201d method. Thus, even for simple socialising activities, it is recommended to avoid a too regular presence New Caledonia.<\/p>\n\n\n\n

Further non-material developments and amendments have been made throughout all the documents.<\/p>\n\n\n\n

<\/p>\n\n\n\n

BT Short Comparison<\/strong><\/p>\n\n\n\n

This document allows users to quickly identify the modifications made compared to the previous version of the PB Manual (BT Short Comparison). The BT Short Comparison can be found on BRP\u2019s platform (mybrponline<\/a>) in the Search tab by entering in the Document Field \u201cCM PB BT SHORT COMP\u201d and \u201cNEW CALEDONIA<\/mark><\/strong>\u201d in the Target Country Field.<\/p>\n\n\n\n

<\/p>\n\n\n\n

The BT Short Comparison should be read as follows:<\/em><\/strong><\/p>\n\n\n\n

The first column contains a short description of the activity in question. The second column contains the answers of the previous version of the Country Manual (online until the day of the alert). The third column contains the new answers of the most recent version of the Country Manual. Only the modified answers are displayed (in color). If the answers in the new version are unchanged compared to the previous version, they are shaded in grey.<\/p>\n\n\n\n

<\/p>\n\n\n\n

For more information, please contact us: info@brpsa.com<\/a><\/p>\n\n\n\n

<\/div>\n\n\n\n

Geneva, January 8th<\/sup> 2026<\/p>\n\n\n\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

Country Manual Private Banking New Caledonia out of Monaco out of Bank’s Country of Establishment (Def, RS, BT & RT) Source of changes Answers Law \/ Regulation No New Position […]<\/p>\n","protected":false},"author":3,"featured_media":280835,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","inline_featured_image":false,"_price":"","_stock":"","_tribe_ticket_header":"","_tribe_default_ticket_provider":"","_ticket_start_date":"","_ticket_end_date":"","_tribe_ticket_show_description":"","_tribe_ticket_show_not_going":false,"_tribe_ticket_use_global_stock":"","_tribe_ticket_global_stock_level":"","_global_stock_mode":"","_global_stock_cap":"","_tribe_rsvp_for_event":"","_tribe_ticket_going_count":"","_tribe_ticket_not_going_count":"","_tribe_tickets_list":"[]","_tribe_ticket_has_attendee_info_fields":false,"iawp_total_views":1,"footnotes":"[]"},"categories":[1768,833,842],"tags":[843,1519,1253,840],"sp_smart_badges":[],"class_list":["post-280884","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-1768","category-cross-border","category-update-2024","tag-brp-country-manual","tag-new-caledonia","tag-out-of-monaco","tag-private-banking"],"yoast_head":"\nCM Private Banking - New Caledonia out of Monaco Update<\/title>\n<meta name=\"description\" content=\"Explore CM Private Banking - New Caledonia out of Monaco and understand its regulatory updates and clarifications.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/brpsa.com\/new-caledonia-out-of-monaco-cm-pb\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BRP - CM Private Banking - Latvia: Country Manual Update 2024\" \/>\n<meta property=\"og:description\" content=\"Stay informed about the latest updates in Private Banking in Latvia with BRP's Country Manual. 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