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Andorra will host the 68th Congress of the International Real Estate Federation (FIABCI) from 23 to 28 May 2017

Andorra will host the 68th Congress of the International Real Estate Federation (FIABCI) from 23 to 28 May 2017. The President of the Federation Jordi Galobardes said during the presentation of the event in the Congress Centre of Andorra La Vella that about 900 experts from 65 countries were expected.

The approximate cost of the event is estimated at 400 thousand euros, …

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National Institute of Finance of Andorra explained the procedure of the measures of the government of Andorra aimed at combating financial crimes of Banca Privada D’Andorra

National Institute of Finance of Andorra (Andorra Institut National de Finances, INAF) in its statement explained the procedure of the measures of the government of Andorra aimed at combating financial crimes of one of the largest banks in Andorra BPA (Banca Privada D’Andorra).

On March 10, 2015, U.S. Treasury Department accused BPA in laundering billions of Russian and …

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Сenter of obstetrics and gynecology (Institut Marques, Spain) opens its branch in Andorra

Сenter of obstetrics and gynecology (Institut Marques, Spain) opens its branch in Andorra. The centre will be open at Meritxell hospital in the administrative district of Escaldes. This project will improve the status of Andorra as a European country with a high quality international standards of medical services.

The volume of investments at the first stage …

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The US Treasury Department said it has lifted money laundering accusations against Banca Privada d’Andorra

The US Treasury Department’s Financial Crimes Enforcement Network (FinCEN) said in a statement issued Friday in the tiny European principality of Andorra it had lifted money laundering accusations against an Andorran private bank.

FinCEN said last year that Banca Privada d’Andorra (BPA), the fourth largest bank in the principality nestling in the Pyrenees between France and …

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Net profit of Andorran banks in 2015 decreased by 8% compared to 2015 year and estimated at 168 million euros

Net profit of Andorran banks in 2015 decreased by 8% compared to 2015 year and estimated at 168 million euros. It was reported by General director of the Association of Andorran banks (ABA) Esther Puigcercós during the presentation of results of activities of the banks of Andorra in 2015.

According to her, these results are still …

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Rating Agency Standard&Poor’s has published an updated report on the state of the economy of Andorra, keeping its rating at BB-/A-3 (negative)

Rating Agency Standard&Poor’s has published an updated report on the state of the economy of Andorra, keeping its rating at BB-/A-3 (negative). In the report the Agency, in particular, indicates that there are no signs of destabilization of the financial sector due to last year’s scandal with one of the banks caught by the U.S. …

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State energy company of Andorra FEDA and Spanish energy company Molgas have announced the launch of a joint project for the production of heat and electricity in Andorra

State energy company of Andorra FEDA and Spanish energy company Molgas have announced the launch of a joint project for the production of heat and electricity in Andorra. In the next three months they will begin installation of two tanks with a capacity of 120 cubic meters for liquefied natural gas that will be used …

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Automatic tax exchange agreement. Full list of the countries

Automatic exchange of information. Automatic tax exchange agreement

SIGNATORIES OF THE MULTILATERAL COMPETENT AUTHORITY AGREEMENT AND
INTENDED FIRST INFORMATION EXCHANGE DATE

1. ALBANIA September 2018
2. ANDORRA September 2018
3. ANGUILLA September 2017
4. ANTIGUA AND BARBUDA September 2018
5. ARGENTINA September 2017
6. ARUBA September 2018
7. AUSTRALIA September 2018
8. AUSTRIA September 2018
9. BARBADOS September 2017
10. BELGIUM September 2017
11. BELIZE September 2018
12. BERMUDA …

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