The negotiation and signature of the Monetary Agreement by the Andorran Government in June 2011 has not had a neutral impact on the banking entities. The agreement sets the obligation for the Principality of Andorra to gradually apply the relevant banking and financial legislation as well as the legal provisions on money laundering, amongst others, and the entities have implemented all these in a record-breaking speed.

Download the article from the Diari d’Andorra (in Catalan)