UBS Monaco Review 2026: Private Bank Profile

What the PPLI.com rating of UBS Monaco considers

This is our editorial assessment of UBS Monaco. We look at the areas below, which matter to a family deciding where to keep its assets, and weigh them together with what clients tell us and the service they get. Retail products, branches and apps play no part. The public sources we used are listed at the foot of the page.

Conduct and enforcement

What regulators, prosecutors and courts have concluded about this licence holder in recent years.

Protection of client assets

Whether custody assets are ring-fenced by law in the booking centre, whether deposits are protected, and whether the custody terms can be read before signing.

Service for complex families

The breadth of private banking services the bank publishes for this booking unit, including work with external managers and family offices.

Cost transparency

Whether a prospective client can see the tariff and the bank's policy on third party payments before asking.

Ownership and control

Whether the bank's owners are public, how official assessments rate the anti-money-laundering regime of any owner's home jurisdiction, and whether a politically exposed person holds a significant stake. The same test applies to every bank.

Client opinions and service

What clients of UBS Monaco and their advisers tell us in confidence, and the service the bank gives to families. We never publish names. Tell us about yours

PPLI.comPrivate Bank RatingUnder review

The rating expresses the opinion of PPLI.com on the date shown. It is not a statement of fact about the bank, not a credit rating, not a forecast of failure and not investment advice. Read about the rating.

Regulatory and legal record

What regulators, prosecutors and courts have decided, recorded against the legal entity they named, with the status, the amounts as published and a link to the original document. Claims and investigations still under way are marked as open.

202628 April 2026

AMSF sanction decision no. 2025/3827 for AML/CFT deficiencies (risk assessment, internal organisation and control, identification of beneficial owners, source of wealth and funds)

Following an on-site inspection from 18 March to 21 June 2024, the AMSF sanction panel (decision of 28 April 2026, hearing 13 April 2026) found established the grievances that UBS (Monaco) S.A. had no overall AML risk assessment between 2018 and July 2023, had inadequate internal organisation and control (except the branch on cumulation of functions), had incomplete identification of structures, managers and beneficial owners, and had insufficient knowledge of clients' socio-economic background and corroboration of the origin of wealth and funds; the grievance on autonomous exercise of the AML officer function was not established. Press reports (Bloomberg via swissinfo, 7 May 2026) give the fine as EUR 6 million. UBS said it was reviewing the decision and did not comment on specifics.

l'établissement ne disposait pas, entre 2018 et juillet 2023, d'une évaluation globale des risques

Autorité Monégasque de Sécurité Financière (AMSF), formation de sanction · Decision, open to appeal · Penalty EUR 6 million · Not yet final · Primary source

Identity, protection and services

Legal identity

Legal nameUBS (Monaco) S.A.

LEI213800EZQ98FF1ZGV445

LicenceCredit institution (bank) established in Monaco; FGDR member (CIB 11999) Source

RegulatorACPR (banking licence and prudential supervision); CCAF (investment services); AMSF (AML/CFT)

Legal formLocally incorporated subsidiary

OwnerUBS Group AG () Source

Ownership

Group parentUBS Group AG (listed, SIX (also NYSE)) Source

ControlWidely held; no shareholder with 10% or more Source (30 September 2026)

Disclosed holdings of 3% or moreBlackRock Inc., New York 5.01% Source (30 November 2023)

Ownership is shown as published, with its date. It describes who owns the bank; it does not, by itself, suggest any wrongdoing by the bank or its owners.

Financial strength, as reported

Credit ratingsNot published

CET1 ratioNot published

SizeNot published

Services published for this booking unit

Private clients

Discretionary management

Advisory mandates

Custody only (execution and safekeeping)

Lombard lending

Mortgage lending

Multi currency accounts

Trust and fiduciary services

Family office services

Wealth planning

Consolidated reporting

External asset manager desk

Offered at this booking centreOffered by the group, not confirmed hereNot located, which does not mean unavailable
Checked on the bank's own pages, 2 November 2026.

Access and costs

Minimum relationshipNot published

US personsNot published

Fee schedulePublished Source

Third party paymentsNot published

Transfer out termsNot published

Protection of client assets

Deposit protectionBanks with their head office in Monaco are covered by the French FGDR: EUR 100,000 per customer per institution, seven working days.

Custody lawNot published

Custody termsPublished Source

Rate UBS Monaco

If you bank with UBS Monaco or advise clients who do, your experience forms part of its PPLI.com rating. Every response is read by the editor and treated in strict confidence.

UBS (Monaco) S.A.

What the PPLI.com rating of UBS Monaco considers

Conduct and enforcement

Protection of client assets

Service for complex families

Cost transparency

Ownership and control

Client opinions and service

Regulatory and legal record

AMSF sanction decision no. 2025/3827 for AML/CFT deficiencies (risk assessment, internal organisation and control, identification of beneficial owners, source of wealth and funds)

Identity, protection and services

Legal identity

Ownership

Financial strength, as reported

Services published for this booking unit

Access and costs

Protection of client assets

Rate UBS Monaco

Our commitment to confidentiality

Sources

For UBS Monaco

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