Andorra Banks Agree to Stem Money Laundering

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Friday, June 1, 1990
Author: 
Clemens J.M. Kochinke
Volume: 
6
Issue: 
6
Abstract: 
Following the lead of Swiss, Liechtenstein and other banking associations, the Association of Andorran Banks in the Pyrenean principality nestled in the mountains between Spain and France announced on June 8 that they intend to take action against money laundering.