On 7 December, Moneyval, the FATF-style regional body, said that Andorra has achieved full compliance with 9 of the 40 FATF Recommendations.  It retains minor deficiencies in the implementation of 28 Recommendations where it has been found “largely compliant”.  3 recommendations (new technologies, powers of law enforcement and international instruments) remain “partially compliant”, but Andorra has no “non-compliant” ratings.  Following up the original 2017 evaluation, the report is the 3rd follow-up report.  Andorra will remain in enhanced follow-up and will continue to report back to MONEYVAL on progress to strengthen its implementation of AML/CFT measures. Andorra is expected to report back in 1 year’s time.

Any modest contributions for my time and ongoing expenses are welcomed!  I have a page where you can do so, and where one-off contributions start as low as $3, at

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: